County Council Passes Commercial Property Assessed Clean Energy Program (PACE) The Washington County Board of County Commissioners has unanimously approved the Commercial Property Assessed Clean Energy (C-PACE) ordinance to join the statewide C-PACE program. Passage of the ordinance makes the county eligible to participate in the Maryland Commercial PACE (MDPACE) program, administered by the Maryland Clean Energy Center (MCEC). The PACE program allows for access to low-cost, long-term financing for energy efficiency improvements to commercial and industrial properties. Since 2014, C-PACE has b ..read more

CASE STUDY VIDEO Maryland PACE: Case Study in Chestertown ..read more

CASE STUDY VIDEO Brown’s Arcade: MD-PACE Case Study for Historic Preservation & Adaptive Reuse ..read more

CASE STUDY VIDEO Frederick Indoor Sports Center: MD-PACE Case Study for 100% Solar Energy Offsets ..read more

Abacus Property Solutions, LLC (Abacus) was recently selected by the Maryland Clean Energy Center (MCEC) as the new administrator for the Maryland Commercial Property Assessed Clean Energy (MD-PACE) Program. The selection was made following a competitive procurement process, including a Request for Qualifications issued by MCEC over the summer. As an instrumentality of state, MCEC offers neutral third party technical and financing capability to help partners implement energy measures efficiently, in addition to the Center’s oversight of the MD-PACE program. PACE Financial Servicing ..read more

Exterior rendering of the Sheridan at Severna Park The MD-PACE program is pleased to announce that Q3 of 2021 concluded with the approval of a large-scale new construction C-PACE project in Anne Arundel County. At the end of September, the MD-PACE program approved C-PACE financing for the development of The Sheridan at Severna Park, located at 134 Ritchie Hwy in Severna Park, MD. The Maryland Clean Energy Center (MCEC) facilitated the transaction with prominent real estate developers Kaufman Jacobs and Senior Lifestyle, and Greenworks Lending from Nuveen, one of the country’s preeminent C-PA ..read more

Please join the MD-PACE program at a number of sustainability and clean energy related events throughout the month of November! MD-PACE is excited to promote the many virtual clean energy related events taking place throughout Maryland and the region this month!   11/9 Better Buildings – Finance Your Way to a Low-Carbon Future With a growing number of businesses and industries looking to reduce carbon emissions, the question many are asking is how to finance these necessary investments. In this webinar from Better Buildings, three expert lending organizations share their expertise on fin ..read more

Maryland’s coastal cities, such as Ocean City (pictured above), may experience greater flood risk in the future. C-PACE financing can help.    Financing stronger communities: how a recent legislative update will unlock resiliency for Maryland A landmark amendment, passed into law in March and effective as of 10/1/2021, promises to make Maryland one of the most innovative locations for Commercial Property Assessed Clean Energy financing (C-PACE) in the country.   Currently active in Washington, D.C. and 26 states including Maryland, C-PACE provides property owners and developers ..read more

Please join the MD-PACE program at a number of sustainability and clean energy related events throughout the month of October! MD-PACE is excited to promote the many virtual clean energy related events taking place throughout Maryland and the region this month!   October 12 Maryland Clean Energy Center – “Workforce Readiness for Advanced Energy” The Maryland Clean Energy Center’s 2021 Speaker Series continues with the webinar, “Workforce Readiness for Advanced Energy”. In this webinar, learn from experts about the trends and actors driving energy sustainability in our communities. Regist ..read more

Please join the MD-PACE program at a number of sustainability and clean energy related events throughout the month of September! MD-PACE is excited to promote the many virtual clean energy related events taking place throughout Maryland and the region this month!   Webinars in September   Wednesday 9/15 Urban Land Institute – “State of Green: A Year of Progress on Sustainability” Sustainability in the built environment will be critical to ensuring health, community, equity, and resiliency in the coming years. In this webinar from ULI, learn how the real estate market is trending and ..read more