WHAT IS PACE
Property Assessed Clean Energy (PACE) is a simple and easy way to finance energy efficiency, renewable energy and water conservation improvements on any commercial project. PACE can pay 100% of all Solar, Roofing, Windows and Doors, HVAC, Lighting, Insulation and much more. PACE is repaid as an assessment and amortized up to 25 years at a low fixed interest rate.
HOW PACE WORKS
PACE is a national initiative that is legislated at the State level and then administered locally by each City or County. Once approved by your local administrator and lender your PACE qualified improvements are funded and secured by an assessment agreement which is used to secure your PACE payments with the local tax assessor. PACE is simple to repay as it is included as part of your regular tax bill.