Property Assessed Clean Energy of Canada Association National

What Property Assessed Clean Energy of Canada Association National does

Property Assessed Clean Energy of Canada Association National (PACE Canada) is a federal not-for-profit corporation headquartered in Alberta, Canada, founded in 2017 (with one source citing 2016). The organization grew out of the PACE Alberta initiative and operates as an advocacy, education, and consultancy body dedicated to establishing a national PACE ecosystem in Canada. Its core focus is promoting Property Assessed Clean Energy (PACE) — a public-policy financing instrument that allows property owners to borrow 100% of upfront costs for energy efficiency, renewable energy, and resiliency upgrades, with repayment made through property tax assessments via a tax-lien mechanism that transfers with the property.

PACE Canada's core product framework comprises two program types: R-PACE (Residential), designed for simple, fast homeowner approval with robust consumer protections, and C-PACE (Commercial), designed for minimal administrative overhead with due diligence conducted by funders and borrowers. The organization also provides consultancy services to municipalities and provincial governments on PACE program design, publishes educational resources (Green Municipal Fund PACE Report 2024, Pembina Institute PACE Report, PACE Financial Primer, CHBA Net-Zero materials), and runs an active federal advocacy petition campaign citing Canada's underperformance against the US benchmark of nearly $19 billion across 384,000 PACE projects. Alberta's Clean Energy Improvement Program (CEIP), established under the 2018 Clean Energy Improvement Act, is the only operational Canadian PACE-style program referenced, and PACE Canada was involved in its legislative passage.

The organization's revenue model is non-commercial: as a voluntary non-profit cooperative, it relies on donations (accepted via Interac transfer) and memberships, supplemented by professional-services consultancy fees. Its go-to-market is community-led and policy-led rather than product-led, engaging municipalities, building owners, contractors, lenders, and government organizations through FCM conference participation, PACENation summits, community workshops, and digital content channels. Leadership is a five-person team including President Leigh Bond, Executive Director Alistair Hazewinkel, Director Anthony Owolabi, and team members Brian Scott and Tod Petersen. No PE/VC funding, acquisitions, or revenue figures are disclosed.

Name

Property Assessed Clean Energy of Canada Association National

Legal name

PACE Canada

Website

https://pace-canada.ca

Company type

Private

Founded year

2017

Operating status

Operating

Short description

PACE Canada is a federal not-for-profit advocacy and education organization that promotes Property Assessed Clean Energy (PACE) financing across Canada, serving homeowners, commercial property owners, developers, and municipalities through consultancy, education, and legislative advocacy.

Ownership category

akta.pro rank

Product category

Clean Energy Financing Advocacy

NAICS

Political Organizations (813940), Administration of Conservation Programs (92412)

akta.pro primary industry

Climate Finance, Carbon Markets & MRV Systems (BPADALAB)

akta.pro secondary industries

Climate Policy, Governance & NDC Support (BPADALAA), Think Tanks, Policy Research & Public Policy Institutes (BPAGAFAO), Climate Finance Strategy (CapEx planning, green finance, incentives & grants) (EUABAKAG)

Keywords

• Clean energy financing
• Property assessed financing
• Energy efficiency programs
• Residential PACE programs
• Commercial building retrofits

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations

Revenue model

1. Memberships and Donations: PACE Alberta operates as a voluntary non-profit cooperative organization that relies on donations and memberships to fund its operations and advocacy work. Donations are accepted via Interac transfer to PACEAlberta Cooperative.
2. Consultancy Services: The organization provides consultancy services to promote and help facilitate the development and delivery of Residential and Commercial PACE programs, including assisting municipalities and provincial governments in establishing PACE legislation and programs.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

PACE Canada is a federal not-for-profit corporation that advocates for and consults on Property Assessed Clean Energy (PACE) financing programs across Canada. It promotes two core program types—R-PACE for residential property owners and C-PACE for commercial building owners and developers—enabling 100% upfront financing of energy efficiency, renewable energy, and resiliency upgrades, with repayment through the property's tax bill via a tax lien mechanism. The organization also delivers consultancy, education, and advocacy services to municipalities, provincial governments, contractors, lenders, and industry associations.

Product overview

PACE Canada is a federal not-for-profit corporation that operates as both a financing tool and an ecosystem for Property Assessed Clean Energy. The organization offers two core products: R-PACE (Residential PACE) for homeowners and C-PACE (Commercial PACE) for commercial buildings. These programs enable property owners to borrow 100% of upfront costs for energy efficiency upgrades, renewable energy installations, and resource consumption reduction, with repayments made through property tax bills. PACE Canada also provides consultancy services and education/advocacy support to facilitate PACE program development across Canadian jurisdictions. In Alberta specifically, the Clean Energy Improvement Program (CEIP) was established under provincial legislation to operationalize PACE-style financing.

Differentiator

Problem solved

Functional benefit

Products and services

• R-PACE (Residential Property Assessed Clean Energy) Residential financing program that enables homeowners to borrow 100% of upfront costs for energy efficiency, renewable energy, and resiliency upgrades, with repayment made through property tax bills. Designed to be simple for quick approval, profitable for contractors to promote, and governed by a robust homeowner protection program.
• C-PACE (Commercial Property Assessed Clean Energy) Commercial financing program for building owners and developers to upgrade building energy performance, install renewable energy systems, and reduce resource consumption. Delivered with minimal administrative overhead, relying on due diligence of PACE funders and borrowers for financial viability analysis prior to funding.
• PACE Consultancy Services Consultancy services provided by PACE Canada to promote and facilitate the development and delivery of Residential and Commercial PACE programs, including assisting municipalities and provincial governments in establishing PACE legislation and programs.
• Clean Energy Improvement Program (CEIP) Alberta's PACE-style financing program established under the Clean Energy Improvement Act (2018) that enables property owners to finance energy efficiency and renewable energy improvements through their property tax bills.
• PACE Education and Advocacy Services Education and advocacy services including legislative efforts to build the PACE ecosystem at municipal and provincial levels, workshops for municipalities, community leagues, and educational institutions, and participation in industry events such as FCM conferences and PACENation summits.

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

13 partnerships are on record, tiered core and minor.

• PACENationcoreStrategic or Co-development PartnerPACENation is a key strategic partner supporting PACE Alberta's mission. PACENation provides market data and best practices, and PACE Alberta participates in PACENation's annual summit in the USA. PACENation states: 'We are proud to partner with PACEAlberta as they work to expand PACE's impact on job creation, economic development and clean energy across the globe.'
• Canadian Solar Industries Association (CanSIA)coreStrategic or Co-development PartnerCanSIA supports PACE Alberta as their members will significantly benefit from PACE financing programs for solar installations and energy efficiency upgrades.
• Sustainable Energy Society of Alberta (SESA)coreStrategic or Co-development PartnerSESA supports PACE stating it will 'energize' the American solar sector and will do the same in Alberta if properly implemented.
• Alberta Environmental Enterprises Association (AEEA)coreStrategic or Co-development PartnerAEEA recognizes PACE as a successful energy performance financing program which they are pleased to support.
• Green Energy AlliancecoreStrategic or Co-development PartnerGreen Energy Alliance supports PACE as it will help kick the fossil fuel habit, save money, and help Alberta meet its GHG reduction goals - described as a win-win-win.
• Canadian Association of Petroleum Producers (CAPE)minorStrategic or Co-development PartnerCAPE wholeheartedly supports PACE as it broadens the numbers of Albertans that can partake in the renewable economy.
• Canada Green Building Council (CaGBC)coreStrategic or Co-development PartnerCaGBC members are excited to see PACE implemented in the region, supporting sustainable building practices.
• Efficiency CanadacoreStrategic or Co-development PartnerEfficiency Canada recognizes PACE as a useful financing tool that helps remove barriers for Canadian homeowners looking to save energy.
• Alberta Chambers of Commerce (ACA)minorStrategic or Co-development PartnerACA supports PACE as it provides a valuable mechanism to finance much needed energy efficiency retrofits.
• Solar Energy Industry Associations (Various)coreStrategic or Co-development PartnerMultiple solar companies including Solare, SolarOptix, SolarNinjas, SimpleSolar, SolBird, and SolarOptix support PACE as it removes financial barriers to solar and energy efficiency projects.
• WSP GlobalcoreImplementation/ SI/ Consulting PartnerWSP recognizes the positive impact PACE financing will have on Energy Efficiency advocacy and uptake in the province and in Canada.
• ATCOminorStrategic or Co-development PartnerATCO sees PACE having potential as a strong program in the energy and utility community as Alberta's vision for greener energy evolves.
• Environmental NGOs and Sustainability OrganizationscoreStrategic or Co-development PartnerOrganizations including EarthFuture, ECO-CAUSE, PassiveHouseAlberta, and Convergence support PACE as a critical climate solution that creates jobs and reduces GHG emissions.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• PACENation: PACENation is the US-based trade association for the Property Assessed Clean Energy (PACE) industry, providing market data, best practices, and advocacy. It is the most direct peer of PACE Canada and a stated strategic partner.
• Pembina Institute: Pembina Institute is a Canadian clean energy think tank that publishes a PACE Report cited by PACE Canada. It operates in the same clean energy policy space and serves overlapping audiences of policymakers, municipalities, and clean energy advocates.
• Efficiency Canada: Efficiency Canada is a national clean energy efficiency advocacy organization and a stated supporter of PACE Canada. It shares PACE Canada's mission of expanding access to energy efficiency financing and reducing barriers for Canadian property owners.
• Clean Energy Canada: Clean Energy Canada is a clean energy policy and advocacy think tank based at Simon Fraser University. It operates in the same clean energy policy ecosystem as PACE Canada, with overlapping advocacy goals around accelerating clean energy transitions.
• Canadian Solar Industries Association (CanSIA): CanSIA is the national solar industry association and a stated supporter of PACE Canada. Both organizations advocate for financing mechanisms that accelerate renewable energy adoption, particularly residential and commercial solar installations.
• Federation of Canadian Municipalities (FCM): FCM is the national voice of Canadian municipalities and the host of conferences PACE Canada actively participates in. FCM also operates the Green Municipal Fund, which has published a PACE report, making it a key stakeholder and partner in PACE Canada's mission.
• Canada Green Building Council (CaGBC): CaGBC is the Canadian green building industry association and a strategic partner of PACE Canada. Both organizations advocate for sustainable building practices and financing mechanisms to support net-zero building outcomes.

Emerging players

• Environmental Defence Canada: Environmental Defence Canada is a national environmental advocacy organization that focuses on climate change solutions. While broader in scope than PACE Canada, it engages in overlapping climate finance and clean energy policy advocacy work.

Regional players

• QUEST (Quality Urban Energy Systems of Tomorrow): QUEST is a Canadian non-profit advancing integrated energy systems for communities, focused on sustainable community energy planning. It shares PACE Canada's intersection of municipal-level energy policy advocacy and clean energy infrastructure deployment.
• Toronto Atmospheric Fund: Toronto Atmospheric Fund is a municipal climate finance organization that funds urban GHG reduction initiatives. It overlaps with PACE Canada in the climate finance space, particularly for property-level energy efficiency and renewable energy projects.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/PACECanada1
• Facebookfacebook.com/PACEAlberta
• LinkedInlinkedin.com/company/pacecanada

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Property Assessed Clean Energy of Canada Association National