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Columbus setting the PACE nationally for commercial energy efficiency and sustainability financing

Monday, November 25, 2019

In under three years of operating its commercial PACE (property assessed clean energy) financing district, the greater Columbus region has become a national leader in energy efficiency and sustainability financing. With nearly $100 million invested, the region boasts the largest total investment of any region in the state. As of mid-2019, central Ohio also had the largest total commercial PACE investment of any single metropolitan region in the nation.

In early 2016, the Columbus Regional Energy Special Improvement District was formed through the cooperation of the City of Columbus, the Columbus-Franklin County Finance Authority, the Mid-Ohio Regional Planning Commission and a commercial building owner. Since then the District has grown to cover Columbus, Bexley, Dublin, Grove City, Hilliard, Perry Township, Whitehall and Worthington.

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Why Ohio?

Ohio Has the Fourth Largest Interstate Highway System

Ohio Has the Fourth Largest Interstate Highway System

Ohio is One of the Top 10 Freight Destinations

Ohio is One of the Top 10 Freight Destinations

Ohio Ranks No. 9 in Competitive Labor Environment

Ohio Ranks No. 9 in Competitive Labor Environment

7th Largest Economy in the U.S., 21st Worldwide

7th Largest Economy in the U.S., 21st Worldwide

$2.7 BillionBudget Reserve

$2.7 BillionBudget Reserve

No Corporate Income or Profits Tax

No Corporate Income or Profits Tax

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