Pathian’s HVAC optimization solutions focus on implementing low cost energy conservation projects with typical simple paybacks of less than two years. However, in many cases a building owner may not have the financial capital to implement even the most beneficial energy efficiency project. In other cases, there are more urgent needs to a business that keeps an energy efficiency project from getting prioritized. Pathian can advise you on the best financial solutions that meet the needs of your business, allowing you to monetize energy inefficiencies and generate capital to optimize your HVAC systems.
Property Assessed Clean Energy (PACE) is an innovative way to finance energy efficiency upgrades to buildings. Interested property owners evaluate measures that achieve energy savings and receive 100 percent financing, repaid as a property tax assessment for up to 20 years. The assessment mechanism has been used nationwide for decades to access low-cost, long-term capital to finance improvements to private property that meets a public purpose. By eliminating upfront costs, providing low-cost, long-term financing, and making it easy for building owners to transfer repayment obligations to a new owner upon sale, PACE overcomes challenges that have hindered adopting energy efficiency and related projects in our nation’s buildings. More information on PACE can be found here.