What is PACE Financing?

What is PACE Financing?

What is PACE Financing?

The Benefits of PACE

  • 100% project financing
  • No up-front costs
  • Low annual Payments
  • Longer term financing (up to 20 years vs. standard bank loans
  • Increase the property’s value, NOT its taxable value
  • PACE loans and energy savings easily transfer with property ownership

The Benefits of PACE

  • 100% project financing
  • No up-front costs
  • Low annual Payments
  • Longer term financing (up to 20 years vs. standard bank loans
  • Increase the property’s value, NOT its taxable value
  • PACE loans and energy savings easily transfer with property ownership

The Property Assessed Clean Energy (PACE) program is a type of financing specifically designed for energy efficiency upgrades and renewable energy projects such as solar panels.

The most notable difference is that PACE pays for 100% of the project’s cost, and the loan is attached to the property through a special assessment rather than the individual (and the interest on the loan is deductible). Another Benefit of PACE is that it’s easily transferable should you decide to sell your home.

Think of it like a mortgage for the solar panels that go on your home or nondomestic property. You realize the benefits and significant savings from day one but are only paying while you own the home. Solar Companies like Revolve offer PACE through licensed providers such as HERO or YGrene.

The Property Assessed Clean Energy (PACE) program is a type of financing specifically designed for energy efficiency upgrades and renewable energy projects such as solar panels.

The most notable difference is that PACE pays for 100% of the project’s cost, and the loan is attached to the property through a special assessment rather than the individual (and the interest on the loan is deductible). Another Benefit of PACE is that it’s easily transferable should you decide to sell your home.

Think of it like a mortgage for the solar panels that go on your home or nondomestic property. You realize the benefits and significant savings from day one but are only paying while you own the home. Solar Companies like Revolve offer PACE through licensed providers such as HERO or YGrene.

The Ultimate Guide to Going Solar in Northern California

Learn all about going solar in Northern California, including information about solar incentives, FAQ, and much more! Click the button below to get your free copy of this comprehensive guide!

Get the Guide!

California Solar Guide

Click the button below to get your free copy of our comphrensive Guide to Going Solar in Northern California!

Download

Let's Start with a Free Quote

  • This field is for validation purposes and should be left unchanged.

Let's Start with a Free Quote

  • This field is for validation purposes and should be left unchanged.

Pin It on Pinterest

Share This