If an energy efficiency building upgrade doesn’t benefit both the property owner and the tenant - especially with a triple net lease - it’s often easier to simply leave things the way they are even if that means losing money on wasted energy! Recently E3 Prime Environment’s President, Curt ... Read More »
Green Buildings – Picking Up The PACE
As a growing number of communities focus on energy efficiency the question of how to pay for “green” upgrades of existing buildings requires a financially attractive and easy to implement answer! Answering that question was one of the main topics of the recent West Michigan PACE Summit which ... Read More »
Look Beyond the Interest Rate When Evaluating Funding Options for Energy Efficiency Upgrades
When evaluating funding options for energy efficiency upgrades, all too often building owners only focus on the interest rate, believing the one with the lowest is ideal. This typically limits the options to short-term commercial loans. With the advent of Property Assessed Clean Energy (PACE) ... Read More »
This Building Models the Best in Clean Energy Options
The tour of the Zero Net Energy Center in Detroit’s Corktown offered a compelling vision of what’s possible when building owners embrace sustainability and clean energy options. While the average commercial building wastes 30% of the energy it consumes, the Zero Net Energy Center produces its own ... Read More »
The Cost of Delayed Energy Saving Building Upgrades
A proven strategy for increasing the profitability of commercial real estate (CRE) is reducing wasted energy. That waste represents a significant unneeded expense as detailed by the U.S. Department of Energy: “The average commercial building wastes 30 percent of the energy it consumes.” Wasted ... Read More »
Michigan’s Cascade Township Approves PACE
Michigan’s Cascade Township Board approved Property Assessed Clean Energy (PACE) at their February 27, 2019 meeting. PACE is a financing option and a vital tool for building owners in need of upgrades to the energy-consuming components of their properties. In Michigan, commercial, industrial, ... Read More »