Energy Audits

With a high quality energy audit carried out by a qualified professional, energy efficiency projects are more likely to deliver the expected savings. The American Society of Heating, Refrigeration and Air-Conditioning Engineers (ASHRAE) and the Association of Energy Engineers (AEE) are the two most respected certifying bodies offering professional designations for members that demonstrate competency and ethics in the energy engineering field, so you can be confident that your project will achieve the results you’re expecting. Individuals who are certified through ASHRAE and/or AEE are held to a higher standard of performance, and you can be confident that they are following industry best practices.

Ask for one of these credentials when you’re selecting an energy auditor:

PACE requires an energy, water, and/or renewable energy audit to designate the scope of the project and to assess the expected energy cost savings of the improvements over their useful life. With a high-quality audit carried out by a certified professional, energy efficiency projects are more likely to deliver the expected savings. The audit cost can be covered by PACE funding following project approval.

Requirements for all audits, regardless of the scope of work, are as follows:

  • The Owner chooses their own professional energy auditor meeting the Program eligibility requirements, who must conduct all audits.
  • The audit must be conducted on the property within the 12 months prior to submission of the Final Application.
  • The measures for which the Property Owner is seeking financing must appear as identified opportunities or recommendations within the resulting audit report.
  • The audit must associate energy savings on a per measure basis.
  • Determine the expected energy and water saving savings in the following categories: peak savings (kW), electric savings (kWh), electric generation (kWh), water savings (gallons).
  • Estimated useful life of each individual measure.
  • Assess total project capital cost.
  • Determine the key financial metrics of the project including: return on investment, internal rate of return, net present value, and payback time based on the anticipated financing term.

All eligible auditors must comply with the following:

See the Program Handbook for more information regarding energy audits.

  • Lower operating costs
  • Increase property value
  • Funds up to 100% of installed costs