Financing Energy Efficiency - National Association of Realtors Article by Bobby Hickman →
In their Summer 2017 Common Ground digital magazine, The National Association of Realtors published the article "Financing Energy Efficiency" by Mr. Bobby L. Hickman. In this article Mr. Hickman reviews the evolving and fragmented residential PACE market and, in contrast to the residential PACE market, interviews Tim Crockett about Commercial PACE in Texas. Tim's comments highlight how Texas has chosen a conservative and responsible path that includes an open lender model, requiring an engineer to stamp the energy report prior to funding and rightly requiring that the existing lender consent to the PACE loan. This means multiple eyes are there to review a project's economic efficacy.