Texas PACE Authority

Texas Pace Authority

Semiconductors, 98 San Jacinto BLVD, Austin, Texas, 78701, United States, 1-10 Employees

texaspaceauthority.org

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Who is TEXAS PACE AUTHORITY

The Texas PACE Authority administers Texas PACE statute by taking a market-based approach to energy finance and economic development. PACE, or Property Assessed Clean Energy, is an innova...

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  • 98 San Jacinto BLVD, Austin, Texas, 78701, United States Headquarters: 98 San Jacinto BLVD, Austin, Texas, 78701, United States
  • 2015 Date Founded: 2015
  • 1-10 Employees: 1-10
  • dollar-icon Revenue: Under $1 Million
  • tech-icon Active Tech Stack: See technologies

industries-icon Industry: Semiconductors

SIC SIC Code: 1382

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Frequently Asked Questions Regarding Texas PACE Authority

Answer: Texas PACE Authority's headquarters are located at 98 San Jacinto BLVD, Austin, Texas, 78701, United States

Answer: Texas PACE Authority's phone number is +18*********

Answer: Texas PACE Authority's official website is https://texaspaceauthority.org

Answer: Texas PACE Authority's revenue is Under $1 Million

Answer: Texas PACE Authority's SIC: 1382

Answer: Texas PACE Authority has 1-10 employees

Answer: Texas PACE Authority is in Semiconductors

Answer: Texas PACE Authority contact info: Phone number: +18********* Website: https://texaspaceauthority.org

Answer: The Texas PACE Authority administers Texas PACE statute by taking a market-based approach to energy finance and economic development. PACE, or Property Assessed Clean Energy, is an innovative financing program that enables commercial, industrial, large multi-family, and agricultural property owners to obtain low-cost, long-term financing for water conservation, energy- efficiency, and renewable energy projects. Participants will then repay those loans through a property assessment imposed by the local government at the request of the property owner. PACE, has great potential to directly affect a business bottom lines; a projects savings in utility costs offsets the cost of installing the project. In most instances, this will result in an immediate positive cash flow. This mechanism can be used to equip buildings with the latest in efficiency technology, including lighting, HVAC, and water conservation tools. In addition, PACE can be used for renewable energy additions, such as roof-top solar panels. The statute authorizing PACE in Texas (SB 385) was passed by the Texas Legislature in 2013 and The Texas PACE Authority is now expanding to counties and municipalities across Texas. We look forward to working with all parties involved property owners, contractors, and lenders in bringing energy and water improvements that are both economically sound and environmentally friendly. To learn more about PACE in Texas, and how you can help bring it to your county, please feel free to email us at admin@texaspaceauthority.org, or visit us at texaspaceauthority.org.

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