Innovative Financing: Using CPACE and Tax Incentives to Fund Your Energy Projects
This presentation is designed to provide creative financing ideas for companies looking to implement energy efficiency and renewable energy projects in commercial, government and non-profit buildings. We will discuss opportunities for financing, such as the constantly-evolving Property Assessed Clean Energy (PACE) financing, as well as how to bundle tax incentives like the recently-updated Energy Policy Act of 2005 and Alternative Energy Investment Tax Credits, as well as additional opportunities created by the CARES Act, to create a cash-positive project. We will provide examples of how PACE can be optimized to provide the best possible project, and will also cover an innovative method where projects already completed in recent years can still benefit from these financing and incentive options and allow building owners to free up money to embark on new energy projects. Attendees of this presentation will understand how to identify opportunities for these financing options and tax incentives, as well as the steps to incorporate these into their current and future projects.
Daniel Audette, PE, CEM is President of DA Energy Modeling. He has a Bachelor of Science in Electrical Engineering from Hofstra University and over 10 years of assisting companies in obtaining tax and other financial incentives for their energy projects, including the energy study for the largest CPACE deal in the country.
He is the co-author of numerous articles related to building and energy related tax incentives, published in Building Operating Management, UNIT Magazine, Green Lodging News, International Parking Institute, Corporate Business Taxation Monthly, and Thomson Reuters. He has presented on the tax and financial benefits of energy projects throughout the country to hundreds of corporations, architectural firms, engineering firms, accounting firms, as well as at numerous national educational events.