By Mark Kanz
Door County economic development professionals added another tool to their toolbox recently. Door County became the 20th county in the state to join Property Assessed Clean Energy or PACE program thanks to a vote from the county board. Jason Stringer of the Wisconsin Energy Conservation Corporation says PACE costs the county nothing and provides businesses with low-interest loans to make conservation improvements to a building.
Stringer says PACE stimulates job creation, reduces the cost of capitalization for improvements, revitalizes older buildings and helps the state to reach sustainability goals. The program is financed by private lenders. He says the program works best with existing buildings and can even help get some of them back on the tax rolls after sitting vacant for years.
For more information go to pacewi.org or www.weccusa.org