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.





Almost any commercial or industrial building, including offices, hotels, restaurants, farms, shopping centers and other retail properties, warehouses, garages, and factories, is eligible for PACE financing. Buildings used by non-profit organizations may also be eligible.
Energy efficiency and energy generation improvements all qualify for PACE financing, including the following:

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

Water conservation