Property Assessed Clean Energy Program (PACE)

Property Assessed Clean Energy (TX-PACE) is a proven financial tool that incentivizes Texas’ property owners to upgrade facility infrastructure with little or no capital outlay. Approved by State legislation and established by local governments, TX-PACE programs enable owners to lower their operating costs and use the savings to pay for eligible water conservation, energy efficiency, resiliency, and distributed generation projects. Owners gain access to private, affordable, long-term (typically 10-20 years) financing that is not available through traditional funding avenues.

Examples of typical improvements include: Chillers, boilers, and furnaces • HVAC, BMS, BAS, EMS controls • Lighting • Water heating systems • Energy management systems and controls • Roofing • Windows • Doors • Insulation • Elevator modernization • Pool equipment • Distributed generation systems • Heat recovery and steam traps • Solar panels • Wind turbines • Water management systems and controls • Irrigation equipment • Rainwater collection systems • Toilets • Faucets • Greywater systems… and more!

*This is not an exclusive list of qualified improvements. Send TXPACE an email at admin@texaspaceauthority.org with any questions about qualified improvements.

Laredo established the PACE program on September 7, 2021 through Resolution 2021-R-197. By establishing the program, projects in Laredo or within the Extra-Territorial Jurisdiction (ETJ) that involve the installation or modification of a permanent improvement fixed to a privately-owned commercial, industrial, or residential property with five (5) or more dwelling units can qualify for up front and long-term financing for improvements to the property that are intended to decrease water or energy consumption or demand.

Since then, PACE projects in Laredo will save over 300K kWh/yr, nearly 700 gallons of water/yr, and reduce CO2 by about 160 tonnes/yr. Learn More.  For questions on how to become the next PACE project in Laredo, contact Texas PACE Authority at 1-855-738-7223 or the City of Laredo Economic Development Department at 956-791-7464. 

PACE Documents

• Resolution of Intent to Establish PACE
• Resolution Establishing PACE
• PACE Report
  • Lender Contract (page 28)
  • Owner Contract (page 14)
  • Notice of Contractual Lien (page 43)
  • Map of City of Laredo & Extra-Territorial Jurisdiction (ETJ) (page 12) 

What You Need to Know About PACE

Do You Qualify?

Find a Service Provider

PACE Educational Flyers

PACE Resources