A Property Assessed Clean Energy (PACE) financing structure is an innovative financing structure that enables commercial, industrial and multi family owners to access financing for qualified energy upgrades (solar, cool roofs/walls, windows, doors, water conservation and in some states structural strngthning) and repay through a benefit assessment on the property's tax bill.
PACE Benefits: 1. Private capital provides 100% of capital upfront, low cost and long term repayment option 2. Repayment through property taxes 3. A senior PACE lien is put on the property and stays regardless of ownership.
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