PACE Market Data

Commercial Residential

Commercial PACE

C-PACE Overview

$521

Millions

1157

Commercial projects


7,815

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 195
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 25


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

$4,300

Millions

175,000

Home upgrades


35,000

Jobs created

Cumulative R-PACE Financing

2010-2017

R-PACE improvement type breakdown

(By $ funded)


Energy Efficiency (58%)

Renewable energy (37%)

Water (4%)

CAEATFA $ Enrolled by R-PACE Program (CA-only)

(Showing current outstanding portfolio enrolled in CAEATFA’s Loan Loss Reserve. Source.)


 


R-PACE Securitization

($ Millions, Annual)

Securitization Annual 2017
Updated November 2017

*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