This morning the Dallas City Council unanimously adopted the PACE in a Box program and selected the Texas PACE Authority to administrator the program.
Businesses in the City of Dallas now have access to alternative financing for energy and water efficiency and on site generation upgrades to their properties. With long term PACE financing, these businesses can lower utility costs, improve operating income, and be cash flow positive in the process.
Karl Zavitkovsky, Director of the City’s Economic Development Office, saw the value of PACE in early 2012 and became a staunch supporter of bringing the economic development activity to Dallas. The City supported PACE legislation in the 2013 legislative session. Heather Lepeska and Kevin Spath in the Economic Development Office spent hundreds of hours in the stakeholder group that developed the PACE in a Box program and then in the City’s adoption process. We are grateful to these forward thinking public servants.
To learn more and to request PACE presentations for your organizations, contact the Texas PACE Authority at 1-855-738-PACE; admin@TexasPACEAuthority.org; www.TexasPACEAuthority.org