Focus of April 23 PACE Summit is clean energy as an environmental economic development tool

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The City of Laredo Environmental Services Department will co-host a clean energy seminar together with the Texas PACE (Property Assessed Clean Energy) Authority and the South Texas Development Council on Tuesday, April 23.

The seminar will provide economic development case studies and access to experts in PACE implementation in Texas.  Additionally, it will offer the “how to” for local government at the county or municipal level, to make this environmentally conscious economic development tool available.

The seminar will be held at the City of Laredo Public Works Training Rooms, at 5512 Thomas Avenue from 9:00 a.m. to noon.

The informational event is free and open to the general public, but seating is limited.  An electronic ticket is available at EventBrite, https://kptweb042319.eventbrite.com/.

Property Assessed Clean Energy (TX-PACE) is a proven financial tool that incentivizes Texas property owners to upgrade facility infrastructure with little or no capital outlay. Approved by State legislation and established by local governments, TX-PACE programs enable owners to lower operating costs and use the savings to pay for eligible water conservation, energy efficiency, resiliency, and distributed generation projects. Owners gain access to private, affordable, long-term (typically 10-20 years) financing that is not available through traditional funding avenues.

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