April 19, 2018 4:00 PM - 5:30 PM
Fayetteville Chamber of Commerce
21 West Mountain Street
Suite 123 (Fab Lab)
Fayetteville , AR 72701
Commercial property owners in Fayetteville and Springdale can now take advantage of low-cost financing for energy upgrades to significantly reduce utility costs and improve property values.
Join officials with Arkansas Advanced Energy Equity (A2E2) and the City of Fayetteville, as well as local contractors, to learn about the game-changing benefits of PACE financing. Refreshments provided.
Who should attend? Commercial property owners (office building, retail space, hotel, industrial, multifamily, agricultural, worship centers), real estate developers, lending providers and contractors.
Hosted by A2E2 in partnership with the Fayetteville Chamber of Commerce.
Arkansas Advanced Energy Equity (A2E2) provides 100% upfront, fixed rate, long-term financing to property owners for qualified energy upgrades. Game-changing benefits for owners are:
A2E2 assessments may qualify as an operating expense. This means owners can finance improvements without incurring additional debt and preserve capital and credit lines for core business investments. Also, under typical leases, payments, as well as energy savings can be passed along to tenants.
The tax obligation (which is attached to the property) transfers upon sale to the new owner. Unlike other lending options, payments do not accelerate in case of default.
The A2E2 program requires projects to be cash flow-positive from project completion. Financing is structured so that energy savings must more than offset the additional property tax assessment.
Deeper energy upgrades are possible because the term of the assessment is up to 20 years and stays with the property rather than the owner.
Owners achieve lower operating costs due to increased energy efficiency, improved asset value from new equipment, and better indoor air quality and comfort.