Grand Rapids Mayor Rosalynn Bliss recently launched Property Assessed Clean Energy (PACE) at a gathering of community leaders. PACE is a new and innovative option for financing energy-saving building upgrades.
Mayor Bliss noted: “We strive to be the greenest city in this country and our goal is to get to 100% renewable energy by 2025. The entire community is committed to being environmentally sustainable and PACE is a great tool to work towards that goal.”
There is a growing need for building efficiency upgrades. The average U.S. building is over 50 years old and wastes 30% of consumed energy. PACE upgrades help reduce waste through improved lighting, energy efficient heating and air conditioning, high-efficiency appliances, renewable and alternative energy sources such as solar and geothermal, and building envelope improvements. In addition to saving energy, PACE upgrades frequently result in increased worker productivity by providing more comfortable working environments.
Congratulations to Mayor Bliss on a successful launch of Property Assessed Clean Energy and for recognizing the key role it will play in the “greening” of Grand Rapids.
To read the complete article originally published at The Energy Alliance Group of Michigan’s blog go HERE
Source: Energy Alliance Group of Michigan
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