PACE (Property Assessed Clean Energy) is a simple and effective way to finance energy efficiency, clean energy, and water conservation upgrades to buildings.
Property owners enter into a voluntary assessment to receive 100% project financing which is repaid as part of their property taxes for up to 25 years. PACE was named one of the top 20 “world changing” ideas by Scientific American magazine
HOW IT WORKS?
TYPES OF PROPERTIES
Faith-Based Building and Nonprofits
Community clean energy production facilities
Heating, Ventilation, and Air Conditioning (HVAC)
On-site Clean Energy Generation Equipments
Occupancy and Day-lighting Sensors
Building Automation System (BAS)
Building Envelope (Roof, Windows etc.)
Industrial Manufacturing Equipment
High-Efficiency Lighting Fixtures and Lamps
Off-site Clean Energy Facility
Boiler or Chiller Replacement
WHY PACE FINANCING?
No up-front costs & Long term financing up to 25 years
Decrease operating cost
Increase property value & building efficiency
Secured on real property as a non-ad valorem assessment and
treated like other property taxes
Assessment stays on property after a sale
Immediate benefit to cash flow
Property qualified financing not credit-card based
Lower interest rate
Make Energy Upgrades at no upfront cost. Pulaski commercial PACE financing offers you an affordable way to invest in commercial property energy improvements.