PACE Financing

PACE financing, or Property Assessed Clean Energy financing, is a funding method that helps property owners invest in energy efficiency and renewable energy improvements. Under PACE, local governments provide upfront financing for these projects, which are then repaid through property taxes over time. This allows homeowners and businesses to make improvements without heavy upfront costs and often leads to lower utility bills. PACE is designed to boost clean energy adoption, create jobs, and enhance property values while promoting environmental sustainability.