PACE Program (Property Assessed Clean Energy)
Lean & Green Michigan™
PACE Program
Property Assessed Clean Energy Programs (PACE)
PACE is an innovative mechanism for financing energy efficiency and renewable energy improvements on private property. The program allows a property owner to finance the up-front cost of energy or other eligible improvements on a property and then pay the costs back over time through a voluntary assessment. The unique characteristic of PACE assessments is that the assessment is attached to the property rather than an individual.
On November 27, 2023 the St. Johns City Commission adopted a Resolution to Establish a PACE Program within the City. This resolution also designated Lean & Green Michigan as the management agency for this program on behalf of the City. Please use the following link and documents as a source of information about this program.
- LAGM PACE step by step guide (at this location: "S:\Community Development\Planning\PACE Program\LAGM PACE Step-by-Step Guide.pdf")
- City of St. Johns PACE Program Report – Final (see above location)
- Energy Audit Detailed Legal Requirements (see above location)
- Homepage - Lean & Green MI (leanandgreenmi.com)
- Property Assessed Clean Energy Programs | Department of Energy
Lean & Green Michigan Contact
Todd Williams
313-444-1472
or
313-444-1474
Additional Information
Public Act No. 270 of 2010 (“Act 270”), as amended, authorizes local units of government to adopt Property Assessed Clean Energy (“PACE”) programs to promote the installation of renewable energy systems, energy efficiency improvements, water usage improvements, and environmental hazard projects by owners of commercial, industrial or agricultural property within a district designated by the local unit of government. Act 270 allows private commercial lenders to finance projects; authorizes local units of government to issue bonds, notes and other indebtedness; and authorizes the assessment of properties for the cost of the projects. Act 270 provides for repayment to the local unit of government or the private lender through a voluntary property assessment. The property assessment remains with the property and has the same priority as other property tax and assessment liens in the event of foreclosure.
Lean & Green MichiganTM (“LAGM”) has developed a collaborative approach to PACE programs for local units of government by standardizing the administrative and legal process under which PACE programs are created and managed. St. Johns has joined LAGM utilizing a “shared services” approach to eliminate upfront and ongoing program costs and duplication. Further, this approach creates one efficient statewide market, allowing property owners, lenders and clean energy contractors to utilize a standardized process as they employ PACE financing in multiple jurisdictions throughout the state.