Local Incentive

Property Assessed Clean Energy (PACE)

Summary

PACE is 100% financing for energy and water efficiency improvements to industrial, commercial, multi-family residential, and non-profit buildings. PACE is essentially a long-term (typically 10-20 year), low-cost loan for such improvements as:

* HVAC modification or replacement

* Light fixture modifications such as LED

* Solar panels

* High-efficiency windows or doors

* Automated energy control systems

* Insulation, caulking, weather-stripping or air sealing

* Water use efficiency improvements

* Energy- or water-efficient manufacturing processes and/or equipment

* Solar hot water

* Gray water reuse

* Rainwater collection system