Congregation Beth Israel, Austin, TX Uses PACE

Congregation Beth Israel, a Jewish synagogue in Austin Texas used PACE to upgrade its building.  PACE, an acronym for Property Assessed Clean Energy is used by both commercial businesses and not-for-profits to finance energy improvements that make financial sense. In this case, a $435,500 comprehensive retrofit produced $35,000 in energy savings - a direct reduction in operating costs. Energy improvement measures included: New Chiller and Boiler Systems and Window Tinting. The improvement costs were offset by locally available gas and energy rebates.

Missouri Athletic Club Saves $200,000 with PACE Project

Built in 1915, this St. Louis landmark received a $2.4 million energy efficiency retrofit. The PACE improvements included Energy Management Controls, HVAC upgrades, New On-Site Steam Generation and High Efficiency Lighting and produced $200,000 per year in energy savings.  PACE is especially suited for non-profits because the program guidelines specify zero cash down and the projects generally improve their cash flow. This enables them to have funds for more member visible initiatives. PACENow Case Study.

Energy Retrofit Produces Positive Cash Flow in First Year

Pier 1 in San Francisco reduced purchased energy consumption by 32% by installing 1,500 new lighting fixtures, a 200 kW rooftop solar array, and retro-commissioning heating and cooling systems.  The 151,000 sw. ft. building was built in 1918 and had an assessed value of $30 million.

Anything that touches an electron or a water molecule are improvements Eligible for PACE financing. PACENow Case Study.