ENERGY: Property Assessed Clean
Energy (PACE) Districts
leads the nation in electricity from wind turbines
and has vast potential in renewable, sustainable geothermal,
solar and biomass.
Lone Star Chapter of the Sierra Club consists
of over 25,000 members and supporters.
Forums and Information
In 2009, with the passage of HB 1937, Texas became the latest state to authorize Property Assessed Clean Energy District.
Under this financial mechanism, municipalities create a financial district and, usually using local financial institutions, lend out money to individual homeowners and business owners to make their buildings and homes more energy efficient and also add solar panels or other clean energy solutions.
The property owner than pays back the loan through an additional payment on their property taxes to the local tax assessor-collector.
However, because the investments are paid back over time, the property owner sees savings on their utility bills, making the loan more afforable. Sierra Club is working with ICLEI and Public Citizen to promote the creation of PACE Financing Districts throughout Texas.
here for information about our project. (pdf attached)
Agenda of Forum in Austin, Texas, November 20th, 2009
New Opportunities, New Challenges:
New Energy Efficiency and Renewable Programs In Texas
Friday, 1 PM to 3 PM, November 20th, 2009
Mayor's Conference Room
301 W. Second Street, Austin, Texas
1. Introductions: New Opportunities in Texas (5 Minutes
Amy Everhart, Austin Mayor's Office
2. HB 1937: Texas passes new legislation to bring energy efficiency and solar energy to the cities (10 Minutes)
Invited Speaker: Mike Villarreal, San Antonio
3. Property-Assessed Clean Energy (PACE)
Financing Districts: How they work, where they work and lessons learned (10 Minutes)
Invited Speaker: Cisco DeVries, Renewable FundingPowerpoint14MB or PDF 3MB
4. HB 1937: Texas passes new legislation to bring energy efficiency and solar energy to the cities (10 Minutes) Invited Speaker: Mike Villarreal, San Antonio
5. The Local Perspective: Can HB 1937 work in Texas? Challenges and Opportunities in San Antonio (10 Minutes) Invited Speaker: Sylvia Romo, Bexar County Tax Assessor-Collector
6. The NGO Perspective: How Advocacy Groups can Work with Cities and Local Utilities (10 Minutes)
Leaders: ICLEI, Public Citizen, Sierra Club, EDF
7. New Stimulus: Opportunities at Department of Energy and State Energy Conservation Office to fund Energy Efficiency and Renewable Energy Programs for Cities (10 Minutes)
Invited Speaker: Cyrus Reed, Sierra Club
Representative, State Energy Conservation Office
8. Next Steps: Can cities, utilities, NGOs and local businesses work together and share strategies to make PACE Districts and other programs work? (45 Minutes)
Discussion among participants