At 8 a.m. on Wednesday, March 23rd and 11 a.m. on Thursday, March 24th, Ringlein will discuss:
PACE Financing: A Paradigm Shift in Funding
Energy Efficiency and Renewable Energy Projects
According to the Department of Energy, lighting accounts for 8% of all energy consumption in the United States and 22% of electricity nationwide. Energy efficient lighting has the potential to reduce lighting energy use in the United States by one-fourth. It is, without doubt, the low hanging fruit of energy efficient measures. But what about the other measures and how can you get it all?
Industrial and commercial building owners have continued to ask the same question, “How do I reduce my energy costs, with no capital investment, while improving my bottom line from day one?” This question no longer goes unanswered!
PACE, Property Assessed Clean Energy financing, is a groundbreaking and innovative method of funding energy efficiency and renewable energy projects. Adopted by the State of Michigan in 2010, this paradigm shift in project funding allows industrial and commercial building owners to utilize a voluntary property tax special assessment to finance energy efficiency projects.
Attendees will learn how this non-recourse, fixed rate, and long-term method of financing will overcome the “traditional barriers” of funding energy efficiency and renewable energy projects while improving the bottom line.
Ringlein also speaking in April at North Carolina event
That event is the OnSite Energy Conference & Expo
, April 11-13, to be held at the Charlotte Convention Center. Co-located with the International Biomass Conference & Expo, this event will bring together commercial, institutional and industrial energy professionals who are evaluating or already managing on-site power and thermal energy technologies.
Organized by BBI International and On-Site Energy Management magazine, this new event is being held in conjunction with the largest biomass industry gathering in the world. The International Biomass Conference & Expo is expected to draw more than 1,200 attendees and 220 exhibitors within a 200,000-square-foot expo.
Ringlein will be part of a panel discussing energy finance on April 12th at 3:30 p.m. The panel, Outsourcing On-Site Energy: Project Financing Tools that Reduce Customer Cost, Investor Risk and Distributor Hurdles, includes:
- Moderator: Tom Bryan, Editor In Chief, On-Site Energy Management;
- Jim Crouse, Executive Vice President, Sales and Marketing, Capstone Turbine Corporation, “Exploring the Benefits of Microturbine Installations through Power Purchase Agreement;”
- Kyle Andrucyk, Vice President, Finance, United Wind, “Fixed-Rate, Zero-Maintenance Distributed Wind Turbine Leasing;”
- Chris Lohmann, Vice President, Alternative Energy Solutions, Energi Insurance Services Inc., “De-risking Project Finance for Innovative Technologies;” and
- Scott Ringlein, President, The Energy Alliance Group of North America, “PACE Financing: A Shift in Funding Renewable Energy Projects.”
CLICK HERE to be introduced to Energy Alliance Group of Michigan