How Much More Will Home Buyers Pay for Energy Efficiency?

Frost: “PACE opens up access to these more-efficient technologies, these clean-energy technologies that people otherwise couldn’t have afforded.”

SAN DIEGO—Elements like energy-efficient systems, well-insulated windows and Energy Star appliances will fetch as much as $11,000 extra from home buyers, Renovate America’s national communications director and spokesperson Greg Frost tells GlobeSt.com. The organization, the nation’s largest provider of residential Property Assessed Clean Energy financing, recently closed its ninth securitization of PACE infrastructure bonds.

The securitization, HERO Funding 2016-4, includes $284 million of class-A1 and -A2 notes rated AA by Kroll and AA by DBRS. With the ninth securitization, Renovate America has now issued more than $1.9 billion worth of bonds, all of which have helped to improve residential infrastructure while creating local jobs that cannot be automated or moved offshore.