Connecticut To Launch First Statewide Commercial Clean Energy PACE Program

Forbes

Nearly 30 states have passed legislation enabling commercial property assessed clean energy (PACE) programs. On June 12, Connecticut lawmakers voted to create the nation’s first statewide commercial PACE program. Governor Dannel P. Malloy signed the bill into law on June 15.

In a recent interview, Kerry O’Neill, a senior advisor at the Clean Energy Finance Center (CEFC), a Connecticut-based non-profit policy shop, told me that PACE supporters in Connecticut had for several years wanted to pass a bill authorizing a program, but this year the timing was right.