Property Assessed Clean Energy (PACE) is the fastest growing financing option for clean energy upgrades in the country.
It starts with a government policy that classifies clean energy upgrades as a permanent public benefit – like a new sewer, water line, or road. These upgrades can be financed with no money down and then repaid as a benefit assessment on the property tax bill over long term (over 20 years). The assessment transfers on sale and can be passed through to tenants where appropriate. It’s easy to see why building owners across the country are choosing PACE.
Solar energy equipment
High-efficiency lighting and building systems
High-efficiency boilers and furnaces, and heating ventilation
Air conditioning (HVAC) upgrades
High-efficiency hot water heating systems, combustion and burner upgrades, fuel switching, heat recovery and steam traps
Building shell or envelope improvements
Building system energy management systems, and process equipment upgrades
Geothermal energy devices