Santa Rosa Plaza built in 1971 and now valued at $240 million used a $463,411 10 year PACE assessment to put a Reflective Cool Roof on their 699,000 sq. ft building. Not only did they reduce their energy consumption but they also improved their tenant comfort. PACENow Case Study.
A 35,000 sq. ft. shopping mall built in 1971 with an assessed value of $25 million financed $170,000 in exterior lighting for 13 years. Savings each year are expected to total $17,500. The annual assessment cost will be passed on to the tenants who benefit from the lower utility costs. PACENow Case Study.
This Washington DC property built in 2007 installed lighting improvements, an energy control system and a 37 kW solar array for a total cost of $340,000 on a $19 million 112,000 sq. ft. building. PACENow Case Study.
The restaurant owners, located in Ann Arbor, improved or replaced the building controls, the HVAC, lighting systems and installed Energy Star cooking equipment - and expect to save 19% on their utility bills. PACENow Case Study.
Pier 1 in San Francisco reduced purchased energy consumption by 32% by installing 1,500 new lighting fixtures, a 200 kW rooftop solar array, and retro-commissioning heating and cooling systems. The 151,000 sw. ft. building was built in 1918 and had an assessed value of $30 million.
Anything that touches an electron or a water molecule are improvements Eligible for PACE financing. PACENow Case Study.