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PACE Programs and Energy Retrofit Financing

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PACE AB 811

Residential and Commercial Property Owners Encourage to Save Energy
and Money by Signing Up for California PACE Program

PACE, or Property Assessed Clean Energy, is an economically sustainable way to achieve energy cost savings with no up-front investment. PACE financing is a municipal program that gives residents and commercial property owners the flexibility of financing efficiency improvements over time, up to 20 years. All improvements must be installed by California PACE approved contractors, which means this program will provide an economic boost for the entire community. Energy efficiency, water conservation, and renewable energy products such as air conditioners, commercial process equipment, lighting control systems and solar electricity are all financeable through the PACE program.

Highlights of the PACE Program include:

  • No money down
  • No credit checks
  • Fixed-rate financing up to 20 years
  • Instant savings on energy and/or water bills
  • Rebates and tax incentives
  • Financing can be transferred if the property is sold (commercial property only)

More Info? Please visit the State's PACE program website for more information and for a list of financing providers.