The financing creates an assessment lien on the property that is repaid as semi-annual installments on the property tax bill. Dividend PACE Financing is no money down, long term (up to 25 years), with low fixed interest rates.
Why Energy Upgrades with PACE?
Upgrading your property with energy efficiency, renewable energy, water conservation projects, or seismic retrofits enhances property value. Long term, low cost financing combined with tax benefits and energy savings provide a cost-effective means to update your property.
Interested in making PACE available in your community?Learn More About Government Partnerships
The Perks of PACE
Upgrade your property while preserving traditional bank credit and working capital for other projects.
Low Annual Payments
Long-term PACE financing results in low annual payments routinely less than with energy savings you'll receive.
Tax Incentives and Rebates
As property owner you keep all rebates and tax incentives tied to the improvements.
The Assessment Transfers with the Property
The PACE assessment is attached to the property and can transfer to a new owner without additional cost.
Off Balance Sheet
PACE financing is potentially off balance sheet. Consult your accountant for guidance.