Innovative Clean Energy Financing Approved by Gov. Sandoval

Governor Brian Sandoval approved an innovative new funding mechanism that opens the door for new clean energy projects. With Property Assessed Clean Energy, or PACE, local governments work with private-sector lenders to provide financing for qualified projects, which is then paid back through an annual assessment on the business’s property tax bill.   Jennifer Taylor, State Policy Advisor for Clean Energy Project says, “This is one more road to encouraging investment in a clean, sustainable Nevada.”