Most of the property assessed clean energy (PACE) financing provided since the creation of the program in the United States was for energy efficiency projects. PACE is a mechanism that allows borrowing money for upgrades and renovation work that may reduce the environmental impact of commercial and residential buildings. Apart from energy efficiency improvements, a further 17 percent of loans for commercial buildings provided by C-PACE were for renewable energy installations. Meanwhile, 28 percent of the lending provided by R-PACE had the goal to make buildings more resilient, and 5 percent to improve their water efficiency. Since 2015, the value of PACE investment for commercial and residential buildings has been growing a lot.
Distribution of cumulative property assessed clean energy (PACE) investment since its creation in the United States as of 2022, by type of project and building
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PACENation. (July 12, 2023). Distribution of cumulative property assessed clean energy (PACE) investment since its creation in the United States as of 2022, by type of project and building [Graph]. In Statista. Retrieved November 19, 2024, from https://www.statista.com/statistics/1400161/distribution-of-pace-financing-in-the-us-by-type-of-project/
PACENation. "Distribution of cumulative property assessed clean energy (PACE) investment since its creation in the United States as of 2022, by type of project and building." Chart. July 12, 2023. Statista. Accessed November 19, 2024. https://www.statista.com/statistics/1400161/distribution-of-pace-financing-in-the-us-by-type-of-project/
PACENation. (2023). Distribution of cumulative property assessed clean energy (PACE) investment since its creation in the United States as of 2022, by type of project and building. Statista. Statista Inc.. Accessed: November 19, 2024. https://www.statista.com/statistics/1400161/distribution-of-pace-financing-in-the-us-by-type-of-project/
PACENation. "Distribution of Cumulative Property Assessed Clean Energy (Pace) Investment since Its Creation in The United States as of 2022, by Type of Project and Building." Statista, Statista Inc., 12 Jul 2023, https://www.statista.com/statistics/1400161/distribution-of-pace-financing-in-the-us-by-type-of-project/
PACENation, Distribution of cumulative property assessed clean energy (PACE) investment since its creation in the United States as of 2022, by type of project and building Statista, https://www.statista.com/statistics/1400161/distribution-of-pace-financing-in-the-us-by-type-of-project/ (last visited November 19, 2024)
Distribution of cumulative property assessed clean energy (PACE) investment since its creation in the United States as of 2022, by type of project and building [Graph], PACENation, July 12, 2023. [Online]. Available: https://www.statista.com/statistics/1400161/distribution-of-pace-financing-in-the-us-by-type-of-project/