Tell your TN Reps you Support PACE Loans

Published March 10, 2017

Right now TN legislators are considering a bill to enable PACE (Property Assessed Clean Energy), a simple way for property owners to finance energy efficiency, renewable energy, and water conservation upgrades to buildings. PACE financing covers 100% of a project’s costs and is repaid for up to 25 years with an assessment added to the property’s tax bill. A PACE loan stays with the building upon sale.

Property owners across the U.S. are using PACE because it saves them money and makes their buildings more valuable.Let your TN legislators know that you support the TN PACE bill (HB0464 and SB0794) because PACE financing leads to more solar and energy efficiency projects that create jobs, promote economic development, and protect the environment. PACE is a voluntary program and passing the bill simply allows municipalities and property owners to participate. Private lenders provide the loans, not the gov’t. Look up your legislators now and send them a quick email or make a quick call!