Welcome to Lean & Green Michigan™, one of America's first statewide Property Assessed Clean Energy (PACE) initiatives – and Michigan's marketplace for energy efficiency and renewable energy financing.
Lean & Green Michigan™ helps commercial, industrial and multi-family property owners finance energy projects, eliminate waste and save money through innovative financing solutions that make energy projects profitable for all parties – property owners, contractors and financial institutions and even municipalities which experience a growing tax base.
Lean & Green Michigan™ is a public-private partnership that uses Michigan's new PACE statute but takes a market-based approach to energy finance and economic development. In essence, we leverage the PACE statute to maximum effect by bringing private capital to bear to solve companies' energy problems, to create work for contractors and jobs for workers, and to green our communities.
Counties, cities and townships host the Lean & Green Michigan™ PACE district, but they pay nothing to initiate the program or for ongoing program administration and bear no risk.
Property owners, contractors and financial institutions get a free market in which to arrange energy deals that pencil out for all concerned, using the PACE financing mechanism to lower the cost of capital and create positive cash flow from day one.
By creating a statewide district, Lean & Green Michigan™ creates one set of efficient and flexible rules that bring maximum benefit to all parties.
Even as Lean & Green Michigan™ is propagating Property Assessed Clean Energy, it is important to understand that PACE will not work for every property owner in every situation. We are committed to helping property owners and other parties find the energy efficiency or renewable energy financing solution that best meets their needs.