Commissioners Pass Ordinance to Provide Cost Effective, Renewable Energy Building Options

Published Wednesday, August 23, 2017

The Charles County Board of Commissioners recently passed an ordinance enabling property and business owners in the county to take advantage of Maryland’s Commercial Property Assessed Clean Energy (MD-PACE) program.  MD-PACE is an innovative and affordable way for Charles County’s commercial, industrial, and nonprofit building owners to pay for energy improvements.

 

MD-PACE programs are active in over 15 states nationally, contributed to the creation of 6,700 jobs and have led to nearly a half a billion dollars of investment into commercial buildings.

 

“After working closely with this project, I am pleased our board passed the ordinance for local entrepreneurs and building owners to participate in the Property Assessed Clean Energy program,” said Commissioner Ken Robinson (District 1). “The program will provide a great opportunity to further advance our county’s energy efficiency and economic growth.”

 

Through MD-PACE, commercial, industrial, and nonprofit properties use private capital to finance 100 percent of efficiency and renewable energy upgrades which are then repaid as a long-term surcharge on the property.  This kind of voluntary surcharge added to a property’s tax bill is similar to a surcharge for a sewer or water line; this approach makes energy upgrades accessible, allowing owners to reduce energy and operational costs and improve their buildings’ overall value.  

 

“The PACE program creates opportunity for everyone involved. Commercial property owners now have a cost efficient tool for adding clean energy elements to buildings; clean energy contractors have a tool for growing their businesses and creating jobs; and our community benefits from a growing emphasis on clean and renewable energy," said Deputy Director of Economic Development Marcia Keeth.

 

The MD-PACE Program is a partnership between the Maryland Clean Energy Center (MCEC), the statewide sponsor of the program, and PACE Financing Servicing, which administers the program.

 

“MCEC applauds the Charles County Commissioners and staff for taking proactive steps to provide access to capital for commercial property owners,” said MCEC Executive Director Kathy Magruder.

 

“We’re thrilled to be working with Charles County,” said Gerard Neely, manager of MD-PACE programs for PACE Financing Servicing.  “By joining the MD-PACE program, Charles County has become a leader in the tri-county region in allowing its business community to access capital for energy savings measures and improvements."

 

The Economic Development Department will be hosting a series of upcoming informational sessions targeted to commercial property owners, contractors, and capital providers.  For more information on how to get involved with MD-PACE, contact Marcia Keeth at KeethM@MeetCharlesCounty.com.  Citizens with special needs may contact the Maryland Relay Service at 711, or Relay Service TDD: 800-735-2258.

 

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“Charles County is a great central location for us to have access to all of our customers. We do business with NSWC Carderock, Naval Research Laboratory, NAWCAD Patuxent River, NSWC Dahlgren, and Indian Head Naval Support Facility, to name a few.”

Scott Decker
Director of Operations

Cardinal Scientific

“We are proud to be a key part of Charles County’s future and we heartily encourage other, cutting-edge companies to join us.”

Doug Egan
Chief Executive Officer
Competitive Power Ventures

“Charles County is where we started our company and where we grew and expanded. We now operate our managed print and managed IT solutions in five states and provide custom apps all around the globe. Our headquarters is still in Charles County, an excellent place to conduct business and recruit highly skilled individuals for our ever growing team!"

Joshua Justice
President

Just Tech

 

“We are proud to be a key part of Charles County’s future and we heartily encourage other, cutting-edge companies to join us.”

Katharine Tate
 Executive Director of Provider Engagement and Community Relations

Righttime Medical Care

“Charles County is a great place for businesses to start, grow, and thrive! We've worked with over 100 businesses since we opened our doors in Charles County, and I've witnessed the majority of these businesses achieve all three.”

Darlene M. Breck

Owner

Southern Maryland Business Center

“Charles County is a great place to do business because of the passion of the business community and the residents who strive to make it the best that it can be."

Andrew W. Welburn

President

The Welburn Organization