In PACE, who pays for all of the installation?

[Joe Calderon]

Property assessed clean energy (PACE) is a financing program that provides property with cleaner, more energy-efficient, and more financially-wise material such as LED lights and solar panels. There is almost no up-front payment as it's financed over a long period of time, around 15-20 years. Depending on the state, it may be available or not.

In my state, it's available. For a large skyscraper, fluorescent lightbulbs would be replaced along with the rooftop. If a property manager manages the building, they're in charge of replacing that. Under PACE, however, wouldn't the city hire some other installer to install the new equipment, taking over the property manager's work?