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Author: Ruthie Redmond

How does the PACE program work?

Texas finds its PACE when it comes to water efficiency

Water and financial savings are adding up across Texas as more property owners and developers use PACE Financing for water-efficient upgrades inside and outside their buildings. The Property Assessed Clean Energy (PACE) program has now financed six projects that are in the works in the Dallas, Central Texas and Houston areas. While the Simon Property Group is leading the way with five projects, more than any other group in Texas, Alterra International recently closed the largest PACE-financed project in Texas with their renovation and redevelopment of the Butler Brothers Building in downtown Dallas. The Simon Property Group PACE projects include the Barton Creek Square Mall in Austin, Lakeline Mall in Cedar Park, the Round...

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Top things to know about using PACE Financing for water-efficiency projects

Here at the Texas Livings Waters Project, we focus on the efficient use of water in our communities so that there is enough water in our creeks, rivers, and lakes for both people and the environment. We look for water savings everywhere. That’s why when there are new opportunities for major savings, we take every chance we get to spread the word! As PACE is a newer funding mechanism, we are eager to engage more and more Industrial, Commercial, and Institutional (ICI) water users in ways that they can fund their water efficiency projects. Lately we’ve been having some great discussions with ICI professionals about the Property Accessed Clean Energy (PACE) program, which finances energy-...

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Is your water utility taking steps to conserve our most precious resource?

While there are numerous ways to manage water in Texas, conservation is one of the cheapest and most environmentally beneficial strategies that can be used. More and more utilities are understanding these benefits and are implementing water conservation strategies in their communities. A new way to finance water conservation projects is the State Water Implementation Fund for Texas (SWIFT), a water infrastructure financing program made available through the Texas Water Development Board. One of the great aspects of SWIFT is that 20 percent of funds are set aside for water conservation and reuse projects. The Sierra Club and their partners in the Texas Living Waters project successfully advocated for this set-aside for water conservation...

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