Click here to read an article written by Abby and Josh on the benefits of co-working spaces and the need for them throughout the Hampton Roads area, published in HRACRE’s (Hampton Roads Association for Commercial Real Estate) Spring Newsletter.
While the case for PACE is clear, both on its technical merits and its clear benefit to property owners and communities at large, the country still has a long way to go before PACE is available to everyone.
Having a clear and well thought out pitch for PACE can go a long way towards convincing a stakeholder of its merit, but persistent and consistent effort is often needed to breakthrough skepticism. This particularly applies when advising states and localities on the potential of PACE, as they typically want to see significant evidence on why PACE will help their jurisdiction and its economy.
Read more on the case for PACE as well as some of the difficulties in PACE implementation and practice at the Solar Energy Industries Association or download the PDF here.
Less than two years after the revised PACE enabling legislation made it through the Virginia General Assembly, Arlington County has become the first in the state to take concrete steps towards adopting a PACE program through its selection of Sustainable Real Estate Solutions as program administrator. While still pending formal County Board approval, the county’s enthusiasm for PACE and its resolve to be a first adopter in the state will no doubt lead to the program’s success.
Arlington County and its Community Energy Coordinator Rich Dooley have shown a willingness to move quickly and decisively in leading the way for other cities and counties throughout the state and region to follow suit in establishing PACE programs.
It’s our hope that Arlington’s example will encourage neighboring counties as well as other entrepreneurial and energy-conscious localities throughout the state to investigate the benefits of PACE for their constituents and local economies.
Read more about this at Southeast Energy News, or download the PDF here.