Cincinnati Takes Steps Towards Implementing PACE Program

Cincy program could boost energy efficiency projects

Cincinnati, March 11, 2014

Regional economic development groups and the city of Cincinnati want to move forward with a program that aims to spur energy efficiency and renewable energy investments in buildings.

The Greater Cincinnati Energy Alliance and the Port of Greater Cincinnati Development Authority are promoting a financing plan to help building owners who want to make upgrades. Officials told a City Council committee Tuesday the program could have a big economic impact especially within the construction sector.

However, it may take some time before the program – known as PACE, for property assessed clean energy – is placed into service.

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