PACE Loans in Washington, D.C.

Building Energy Performance Standards and Benchmarking: Washington D.C. enacted BEPS (Building Energy Performance Standards) and Benchmarking (D.C. Law 22-257) in 2018. This law targets public, government, commercial, and multifamily buildings of a certain size. The goal is to reduce emissions by 45% by 2030 and 95% by 2050. Performance is measured by the ENERGY STAR score or source EUI for ineligible buildings. The law directs the Department of Energy & Environment to assess an emissions-based metric by 2023. The District Department of Energy & Environment (DOEE) will issue new performance standards every six years. 

PACE Equity financing can be used to cover 100% of the costs for renovations and retrofits pertaining to energy efficiency measures. Our in-house engineers, working in our Low Carbon Center of Excellence, are experts in low carbon building design and optimization. When you work with PACE Equity, we can help you fund the upgrades you need to do to comply with EUI targets. Receive our lowest rate for commercial renovation projects with our CIRRUS fund, our one-of-a-kind C-PACE program that offers lower interest rates for developments built to a low carbon engineering specification. When you renovate to meet EUI requirements, CIRRUS and its lower rates can be a great solution. For more information Building Performance Standards visit the Institute for Market Transformation website.