We’re please to announce that Keeping PACE in Texas was honored as the 2013 Statewide Collaborative of the Year at the Texas Renewables 2013 Conference organized by the Texas Renewable Energy Industry Association (TREIA). The award was presented to Keeping PACE in Texas “for building constituencies and coordinating the roll out of an innovative financing method for energy and water efficiency projects in Texas.”
Keeping PACE in Texas is a non-profit business association organized for the purpose of promoting Property Assessed Clean Energy (PACE) financing programs throughout the state of Texas. Under the leadership of Executive Director Charlene Heydinger, KPT’s first goal – the enactment of PACE-enabling legislation – was accomplished on June 14, 2013, with the passage of The Property Assessed Clean Energy Act.
KPT is now focused on assisting counties and municipalities with the creation, design, and implementation of locally-administered PACE programs. To this end, KPT is organizing a group of more than 50 stakeholders – property owners, lenders, energy service companies, industry trade associations, local governmental authorities, and others – in a collaboration to create uniform standards, documentation, and best practices for PACE financing programs in Texas. The effort takes into account best practices and lessons learned in other parts of the country.
Upon completion of this effort, KPT will assemble a tool kit, to be known as “PACE in a Box”, containing everything a county or municipality requires to establish effective PACE programs at the local or regional level throughout the state. The development of PACE in a Box will accelerate the implementation of PACE financing programs in Texas, enabling Texas to serve as a model for other states to follow as they implement their PACE programs.