As this Grist article recently stated “Property Assessed Clean Energy, or PACE, has taken off like wildfire since the concept was first introduced in Berkeley, Calif. in October ‘07. PACE allows private property owners to pay for energy efficiency and renewable energy projects through an addition to their property tax bill, overcoming the high upfront costs that prevent most property owners from investing in such retrofits.”
Numerous states around the country have adopted legislative changes that allow municipalities within them to set up these kind of clean energy loan programs that give out loans to residents and businesses, and collect the repayments over a considerable period of time through their property taxes. My student group UMD for Clean Energy at the University of Maryland made this kind of a loan fund for energy efficiency a major election issue last fall in our local College Park city council elections. With enthusiasm from the city council to establish such a program, we faced a setback when the state of Maryland did not adequately permit municipalities to do this. Our focus turned to advocating for legislation in this Maryland legislative session that would allow us to create our own clean energy revolution in College Park. An added positive is it would clear the way for other municipalities all around the state to do PACE as well. Continue reading ‘UMD for Clean Energy calls for Maryland to set the PACE’




Update on Chevron’s 



