One of the biggest roadblocks preventing property owners from upgrading their infrastructure has been lack of capital. However, there are some very innovative alternative funding solutions available for private building owners. The Property Assessed Clean Energy (PACE) act was enacted in 2015 to help facilities overcome this barrier.
PACE is an innovative funding mechanism!
Way Companies has been a champion of PACE since its introduction in the Texas state legislature. We recognize the clear potential of this legislation. We have assisted many property owners in obtaining PACE funding for their infrastructure upgrades.
PACE Benefits:
- No upfront capital is necessary
- Cost of improvements repaid through energy savings
- Lower operating costs (maintenance, repairs, energy, etc.)
- Low-cost, long-term financing that is not otherwise available
In addition to PACE there are a number of Facility Improvement Incentives available through the end of 2020. Way can help determine if your facility qualifies! Contact us today to start the process.
