Green Drinks

Event Date: April 22nd, 2013 at 7:00pm - 9:00pm
Address : 220 Prospect Street, South Orange, NJ 07079
Town : South Orange
Information:

This month\'s speaker will be Jonathon Cloud, of the Cloud Institute. He will be giving us information about New Jersey\'s new PACE legislation. “Property Assessed Clean Energy\" (PACE) is an innovative way to finance energy efficiency and renewable energy upgrades to buildings. Interested property owners evaluate measures that achieve energy savings and receive 100% 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 meet 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 adopted of energy efficiency and related projects in our nation’s buildings.” The Maplewood Green Team is proud to bring this tradition to you. At these events, held periodically, you will meet many members of our community, both those actively involved in our green initiatives and those just finding out more. It\'s a great opportunity to make new friends, to learn all the latest environmental information, and to help make a difference in our town. No fee, cash bar, bring your friends!