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John Farrell
Institute for Local Self-Reliance
Presentation to the Southwest Renewable Energy Conference (SWREC)
Santa Fe| September 14, 2010
New Rules Project @ ILSR
• Public Broadband
• Local Banking
• Independent Retail
• Community Energy
www.muninetworks.org Energy Self-Reliant States
Sells bonds
Installs energy efficiency
improvements and on-
site renewable energy
Pays for property
improvements
Pays with long-term
property tax
assessment
Assesses property for
cost plus interest
Finance terms:
10-15 years
5-6 years
10-15 years
State Utility
rebate rebate
Utility
audit
Energy
Nonprofit Star rating
energy
guide Federal tax
credit
State
PACE
program
Federal
Nonprofit
Information Energy
PACE program advertised Sign-up
sessions audits
Retrofit
y Retrofit Owner pays assessment,
completed,
s contract enjoys energy savings
City pays
• 22 states
• 4 established municipal programs
– Almost $40 million spent
– 2,000 properties served
Legend
Recently enacted
PACE laws
Pre-2009 statutes
supporting PACE
Spending in 2009
PACE Programs
$40,000,000
Future Spending?
John Farrell
• www.newrules.org
• jfarrell@ilsr.org
• http
://twitter.com/johnffarrell
*New*
Community Solar Power:
Obstacles and Opportunities
Municipal Energy Financing: Lessons Learned
http://bit.ly/munienergyfinance