PACE (Property Assessed Clean Energy) is a simple and effective way to finance energy efficiency, renewable energy, and water conservation upgrades to buildings. PACE can pay for new heating and cooling systems, lighting improvements, solar panels, water pumps, insulation, and more for almost any property – homes, commercial, industrial, non-profit, and agricultural.
Benefits of Pace
Allows for secure financing of comprehensive projects over a longer term, making more projects cash flow positive.
Helps most property owners deduct payments from their income tax liability.
Allows municipalities to encourage energy efficiency and renewable energy without putting general funds at risk.
Taps into large sources of private capital.
Get 100% financing with no money down for energy or water efficient upgrades to your home or commercial building.
-Solar panel installation
-Windows & doors
-Drought resistant landscaping
-Updated, more efficient HVAC
-Wall & floor insulation
Click the button below to watch a 2 minute video and learn more about energy efficient equity.
PACE programs help home and business owners pay for the upfront costs of green initiatives, such as solar panels, which the property owner then pays back by increasing property taxes by a set rate for an agreed-upon term ranging from 5–25 years. This allows property owners to begin saving on energy costs while they are paying for their solar panels. This usually means that property owners have net gains even with increased property tax.
Click the button below to watch a 2 minute video and learn more about PACE financing