PACE Financing for Hotel Owners Event July 11th

Hotel ownership and maintenance can be a daunting prospect, one where looking dated and having inefficient lighting, heating, and cooling systems can cost you thousands every month. Update your hotel with a financing program that features a fixed rate, no down payment, extended terms, and more.

Join OHIO PACE for a free workshop at the Ramada Plaza in Sharonville on Wednesday, July 11th from 6-8 PM to learn how we can help get your hotel updated in the most cost-efficient way. Read more

Print Friendly, PDF & Email

Kids First Sports Center Finds Success with PACE Financing

An exterior photo of the Kids First Sports Center.

Energy Project Financing:

  • Project Total: $656,000
  • Term: 23 years

Improvements:

  • Solar PV – 150 KW
  • LED Lighting
  • Wall Insulation

The PACE Financing program has already proven itself to be a successful energy efficiency and renewable energy initiative for commercial properties of all kinds, but one of the most notable projects in recent months has been the successful financing of a Solar PV improvement installation for the Kids First Sports Center, a multi-use recreational facility located in Sycamore Township, Ohio. The 108,000-square-foot gymnastics, trampoline, basketball and swimming center was the first commercial property in the state of Ohio to receive PACE funding for electric-generating solar panels.  Read more

Print Friendly, PDF & Email

A Standout Year for PACE

By all accounts, 2017 was a banner year for us at Greater Cincinnati Energy Alliance. As interest and investment in energy efficiency continues to increase, we have been fortunate enough to be on the cutting edge of some of the most groundbreaking renewable energy projects in the Greater Cincinnati area. Through the highly popular PACE Financing program, we have been able to empower property owners by providing funding for energy efficiency and renewable energy upgrades that not only reduce utility costs, but also boost property values and stimulate the local economy. Let’s look back at some of the most notable PACE successes from 2017:  Read more

Print Friendly, PDF & Email
A commercial building that was recently made energy efficient with the help of PACE Financing.

Who is Eligible for PACE Financing?

A commercial building that was recently made energy efficient with the help of PACE Financing.

If you are a commercial property owner, no doubt you’re well aware of how important it is to make your building as energy efficient as possible. Not only does it promote better sustainability practices, but it can save you untold amounts of money in energy expenses as well. As good as this sounds, many commercial property owners find it difficult to make the necessary energy-efficiency upgrades to their properties due to the initial investment costs. This can create a “Catch-22” scenario where it’s too expensive to make the improvements, but not making the improvements is costing money as well. Read more

Print Friendly, PDF & Email

EPAD Energy Efficiency Financing Signed Into Law in Kentucky

Last month, Energy Alliance team members Andy Holzhauser and Jeremy Faust were in Frankfort to attend a bill signing for the Energy Project Assessment District Act, or EPAD.

EPAD, also known as PACE nationally, is a unique economic development tool designed to allow commercial and industrial building owners to finance energy efficiency, water efficiency, and renewable energy improvements through a voluntary special assessment attached to the property.

Kentucky Governor Steve Beshear signed the bill into law noting the energy and water saving potential that EPADs offer Kentucky businesses.

The Energy Alliance is working with partners throughout Kentucky to develop this new tool. If you are interested in learning more, please call us at 513-621-4232 ext. 3.

 

Governor Steve Beshear signing into law the Energy Project Assessment District Act. From left to right: Representative Russ Meyer, bill proponent; Representative James Kay, EPAD bill sponsor; Jeremy Faust, Energy Alliance Strategic Business Development Director; Governor Steve Beshear (seated); Andy Holzhauser, Energy Alliance CEO; Richard Pickren, Harshaw Trane Vice President of Finance; Brooke Parker, Frost Brown Todd.

Pic_Post_EPAD-Signing

Pen presented to the Energy Alliance as one of the 15 used to sign the bill into law.

Print Friendly, PDF & Email