Minnesota Passes PACE Legislation

Minnesota governer Tim Pawlently signed a jobs bill last week that included provisions for Property Assessed Clean Energy (PACE); which currently PACE has been passed in 16 other states. PACE drives local governments to create voluntary programs that will allow property owners to finance solar, other renewable energy, energy efficiency, and electric vehicle plug ins improvements to their homes or businesses through voluntary property assessments.

Ken Bradley, director of Environment Minnesota, says that this program "will allow business owners to make investments by using energy savings and pay those investments back through voluntary propery assessments."

Hopefully PACE will be an even greater success than they hoped!

http://www.sustainablebusiness.com/index.cfm/go/news/display/id/20084