PACE Market Data

Commercial Residential

Commercial PACE

C-PACE Overview

$583

Millions

1230

Commercial projects


8,745

Jobs created

(Source: 15 jobs per million, EcoNorthwest)

Cumulative C-PACE Financing

2010-2017

C-PACE improvement type breakdown

(By $ funded)


Energy Efficiency (56%)

Renewable energy (26%)

Mixed (18%)

C-PACE projects by amount financed

(By  # projects)


 

C-PACE dollars funded in each state (states > $10MM)

(By  $ funded)


wdt_IDState$ funded (millions)
1 California 208
2 Connecticut 101
3 Ohio 25
4 Florida 20
5 Minnesota 42
7 Wisconsin 15
8 District of Columbia 34
9 Texas 34
10 Missouri 28
11 Colorado 19


C-PACE dollars funded by building type

(By  $ funded)


 



2009-2016 C-PACE Market Overview

From 2009-2016, commercial PACE programs provided $340M in financing for energy improvements to commercial buildings. Download the 2016 C-PACE Market Overview to learn more.  (View past quarterly C-PACE market updates.)

Residential PACE

R-PACE Overview

$4,890

Millions

203,000

Home upgrades


40,000

Jobs created

Cumulative R-PACE Financing

2010-2017

R-PACE improvement type breakdown

(By $ funded)


Energy Efficiency (58%)

Renewable energy (37%)

Water (4%)


R-PACE Securitization

($ Millions, Annual)

*Ygrene’s securitizations included a portion of commercial projects as well as residential projects.

PACE Legislative Progress

See the PACE Programs map for more information on PACE’s availability.

Commercial PACE is available in major population centers including Los Angeles, San Francisco, Austin, St. Louis, Washington D.C., and Cincinnati. States with PACE-enabling legislation now encompass over 80% of the U.S. population.

  • States with PACE-enabling legislation: 32 plus D.C.*
  • States with active PACE programs: 19
  • Municipalities with PACE programs: 2,500+

*Including subordinate-lien states.

MikePACE market data