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What Is PACE? 

With PACE (Property Assessed Clean Energy), a state incentive program, homeowners are able to complete a wide range of energy-efficient home renovation projects, including updating your heating and air conditioning (HVAC) systems, and installing solar panels with no out of pocket cost.

PACE is a simple and effective way to finance energy efficiency, renewable energy, and  water conservation upgrades to buildings. PACE can pay for new heating and cooling systems, insulation, solar panels, and more for any property.

Property owners use PACE because it saves them money, helps them be energy efficient, and makes their buildings more valuable. PACE pays for 100% of a project's cost and is repaid for up to 20 years with an assessment added to the property's tax bill. PACE financing stays with the building upon sale and is easy to share with tenants.

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