If you own property in a municipality that offers PACE financing, you may be able to install energy or water saving measures at little or no upfront cost and pay for the system through fixed semi-annual payments on your property tax bill. Because the cost of the measures is paid back over longer periods (5-20 years depending on program and measure), the energy or water bill savings from the improvement is often greater than the payments.
PACE programs may differ in procedure, eligibility requirements and other aspects, but the participant process generally consists of the following steps:
To learn more, visit our Programs Page to see if your local government has established a PACE program.
If your municipality is not yet on the list of local governments that offer PACE financing, you can visit Vote Solar’s website to learn how to bring PACE to your community.