Preparing to Launch Our NJPACE Crowdfunding Campaign

NJPACEOrg-logoDG-MakeaDonationDeveloping our crowdfunding campaign is giving us an extraordinary opportunity to explore using PACE to revitalize New Jersey communities. By itself, PACE is an innovative business model that creates jobs and economic development while providing the ultimate tool to finance energy efficiency and renewable energy projects on private properties. But leveraging PACE for community development is where the real payoff is, that is to say, for the benefit of the community as a whole.

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Get a Sneak Preview of Our NJPACE Crowdfunding Campaign

NJPACEOrg-logoDG-MakeaDonationWe’re doing something that seems almost counter-intuitive: we’re asking you, and hundreds of other ordinary people, to donate money to an unusual kind of charity, to help us start what should result in a major economic boost to New Jersey.

This is a way of doing something about climate change that’s significant, personal and concrete. It’s significant because this program will remove millions of tons of carbon pollution each year. It’s personal because we’re cleaning up New Jersey (or, the planet, if you don’t live in NJ). And it’s concrete because this effort will create tons of jobs as energy efficient and renewable energy systems are installed.

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Vote for Our Entry to the Climate Colab Competition

6Bbar_mk_400x400For the past several months, we’ve been working with a hydrogeological engineer and climate scientist in Australia, Dr. Delton Chen. Delton is the lead author on a remarkable proposal to address the problem of climate change via the use of a global alternative currency designed to support the mitigation of climate pollution through an incentive rather than a tax or cap-and-trade system.

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Click to view & support proposal

Delton approached us to sponsor his year-long project to develop a practical global policy response to the failure of the international community to agree on a strategy for reducing greenhouse gas emissions. Dubbed G4CM, for “Global Complementary Currencies for Carbon Mitigation,” the core of the proposal has now been put forward in multiple venues, even while some of the technical details are still be worked through with a team of international economists and climate experts. One of these venues is the Climate Colab, a project of the MIT Center for Intelligence, “a crowdsourcing platform where citizens work with experts and each other to create, analyze, and select detailed proposals for what to do about climate change.”

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A Sneak Peek at Our New Crowdfunding Campaign

You can get sneak preview of our crowdfunding campaign at http://bit.ly/1us8SQG. If you’d really like to support us, the best way to do this is to create a personal fundraiser page. You’ll be invited to import your contacts, which will begin to make this go viral… And stay tuned: we’ll be launching the campaign officially next week.

Still Not Too Late to Save Greystone

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June 30 Update (Morristown Green)Another Greystone proposal won’t stop wrecking ball, state says

A Long Island realty company has proposed converting the historic Kirkbride building on the old Greystone psychiatric grounds into 550 luxury apartments, with some retail facilities and a public park or school.

Alma Realty’s $140 million proposed project is at least the seventh redevelopment plan pitched for the site on the Parsippany/Morris Plains border.

But the state’s response is the same: No thanks.

Read the full story…

2014 Intersolar New Jersey Summit

New Jersey PACE is proud to be partnering with the upcoming Intersolar Summit – New Jersey taking place on March 20th at the Sheraton Edison Hotel. Through our partnership we are able to provide Discounted Registration to NJPACE Alliance members and CRCS supporters.

Under the slogan “80% Renewable Electricity by 2050 – What does it mean today?”, the Intersolar Summit New Jersey will thoroughly assess the current business climate, future market prospects and feasibility of the aggressive renewable energy targets recently announced. Moreover, delegates will gain an in-depth understanding of the latest policy updates presented by local opinion leaders and receive insights on most up-to-date solutions and technological innovations for the PV market.The preliminary agenda can be found here.

Confirmed high-level speakers include

  • New Jersey State Senator Bob Smith
  • New York State Senator Kevin S. Parker
  • Honorable New Jersey Assemblyman Upendra Chivukula
  • Richard Lawrence, Executive Director, Executive Director, North American Board of Certified Energy Practitioners (NABCEP)
  • Dennis Wilson, President, Mid-Atlantic Solar Energy Industries Association (MSEIA)
  • Lyle Rawlings, Vice President New Jersey, Mid-Atlantic Solar Energy Industries Association (MSEIA)
  • Michael Trahan, Executive Director, Solar Connecticut
  • Tom Thompson, Board Member, Solar Energy Business Association of New England (SEBANE)
  • Darren Hammell, Co-founder and Chief Strategy Officer, Princeton Power Systems
  • Dr. Richard Perez, Professor, University of Albany
  • Thomas Plagemann, Executive Vice President of Capital Markets, Vivint Solar

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2013 Annual Report

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Our 2013 Annual Report is designed to convey our vision, and provide an account of the progress we have made toward achieving that vision, in developing the NJPACE program in New Jersey. (Click the title of this entry for a link to the fully report.)

America’s Mayors Strongly Support Clean Energy

USMayorsReportCoversmA new report, based on a survey of 288 cities of 30,000+ across the country, shows that America’s Mayors strongly support expanding energy efficiency and renewables in their communities.

Some key findings:

  • Many mayors anticipate further growth in the deployment of new energy technologies in cities. Two-thirds (67%) of the 288 cities participating in this survey expect the use of new energy technologies to increase over the next five years, with more than one in five cities (21%) in this survey expecting the increase to be “significant.”
  • Nearly a quarter of Mayors assigned a priority to retrofitting commercial/industrial buildings (after improving municipal buildings, providing energy audits, and improving energy-related building codes)

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PACE Amending Legislation Passes in New Jersey

Trenton, N.J., Monday, January 13, 2014: At the very last moment, the NJ State Senate took up and passed Assembly Bill 3898 (an identical version of S2632, introduced by Senator Bob Smith at the beginning of 2013). In an associated statement, the Senate Budget and Appropriations Committee notes that “this bill provides a mechanism for the financing, by municipalities, of water conservation, storm shelter construction, and flood and hurricane resistance projects, and expands the “clean energy special assessment,” established in current law pursuant to P.L.2011, c.187 (N.J.S.A.40:56-1.4 et al.), into the “clean energy and storm resistance special assessment.”

The bill now heads to the Governor’s office for approval.

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Gov. Florio Cites NJPACE in Year-End NJSpotlight Article

In an article highlighted on NJSpotlight as part of an end-of-the-year series of reflections by former NJ governors, Governor Jim Florio writes:

A relatively new program — PACE, which stands for “Property Assessed Clean Energy” — has taken hold in places like Connecticut, California, and Florida and is literally funding thousands of necessary energy efficiency and green energy projects with private capital. And a project in Livingston, New Jersey, is now in its early stages.

The essence of a PACE program is its use of a municipal special property tax assessment to attach the financing to the property, not the owner. This assessment mechanism uses a municipal-government power, but does not cost the municipality a dime. Typically, these projects more than pay for themselves through energy savings, and they provide greater self-sufficiency and reliability, as well as more comfortable and more resilient buildings.

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