PACECollier PPT
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The document discusses PACE (Property Assessed Clean Energy) programs in Florida that were created by the state legislature to create jobs, save property owners money, and reduce energy use and costs for consumers. It specifically describes PACE programs in Collier County that allow property owners to borrow from county funds to pay for energy efficient and hurricane hardening improvements. The loans are repaid through assessments over 20 years, and the reduced energy and insurance costs are meant to outweigh the loan and assessment costs. The programs are said to create construction jobs, cost property owners nothing while saving them money, not cost taxpayers, and reduce both energy costs and use.
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PACECollier PPT
- 1. PACE Property Assessed Clean Energy
- 2. PACE Florida… Created by the Florida Legislature, 2010 Session. Signed by Gov. Crist, May 28 th Creates jobs Property owners save money Reduces energy use & costs to consumers
- 3. PACE Collier… A secured home improvement program Property owners borrow from county fund pool Loans pay for energy efficient, hurricane-hardening property improvements Loans are repaid as assessments over 20 years Reduced energy & insurances costs more than pay for loan/assessments.
- 4. PACE Collier… Creates hundreds, maybe thousands, of jobs in construction sector Costs property owners nothing, saves money Does not costs taxpayers a dime Does not increase county debt obligation Reduces energy costs, use
- 5. PACE Collier… Quicken the PACE of job creation Reduce the PACE of energy costs & use