County reviews PACE program to finance energy and water-efficiency upgrades
Presenters from the Texas PACE Authority told the Johnson County Commissioners Court on March 9 that a county-adopted PACE program could enable property owners to finance energy- and water-saving upgrades with no cost or liability to the county; commissioners asked for time to review details and will revisit the item in a few weeks.
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The Johnson County Commissioners Court heard a detailed presentation March 9 on a possible Property Assessed Clean Energy (PACE) program from Steven Minnick, program director for the Texas PACE Authority. Minnick described PACE as a tool that allows property owners to finance energy- and water-efficiency or on-site generation upgrades with a secured assessment that runs with the property, and said the state statute and program contracts protect local governments.
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