Dividend Finance: Government Partnerships
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    Government Partnerships

    Dividend’s PACE Financing: Funding Clean Energy Solutions for Your Community

    An innovative way to finance energy, water efficiency, renewable energy improvements, and seismic retrofits, to your community’s building stock

    Over 200 cities and counties throughout California have adopted Dividend’s PACE (Property Assessed Clean Energy) program. This desirable and proven financing is made available through the California Enterprise Development Authority (CEDA), a statewide Joint Powers Authority, operating under Assembly Bill 811. Dividend’s PACE program enables property owners to pay for clean energy projects through a line item charge on their property tax bill.

    Dividend’s PACE Benefits Your Community

    • Stimulates your local economy
      Investing in energy retrofits can create more gross economic output and greater federal, state and local tax revenues.
    • Creates local jobs
      Investing in energy retrofits creates more jobs within your community.
    • Reduces greenhouse gas emissions
      Dividend’s PACE program enables greenhouse gas-reducing building improvements and supports the efforts identified in your Climate Action Plan.

    Give Value to Your Energy Initiatives

    • Turnkey Solution
      Adopting Dividend's PACE program is efficient and straight forward.
    • Non-exclusive
      Dividend’s PACE program does not require exclusive arrangement, ensuring that local governments foster a competitive PACE market.

    No Cost or Liability to Your City or County

    • No Cost Program
      There are no costs to local government agencies to make the program available: no costs for setup, assessment district formation or implementation.
    • No Liability
      Your City or County is comprehensively indemnified.
    • No Debt
      Bonds issued to finance projects are issued by CEDA. Your local government agency has no obligation to repay these bonds.
    • No Ongoing Resources Required
      Dividend Finance administers all day-to-day operations, coordinating annual PACE assessment collections with County Tax Assessors. No administrative resources are needed beyond becoming a member of CEDA.

    Interested in learning more?

    Email us at municipalities@dividendsolar.com or Call (858) 329-0154

    Bay Area

    Contact: Christine Padilla
    christine@dividendsolar.com | (415) 726-2078

    North of the Bay Area

    Contact: Charles Ward
    charles@dividendsolar.com | (415) 805-7082

    Central Valley & Southern California

    Contact: Aaron Villaraigosa
    aaron.villaraigosa@dividendsolar.com | (858) 329-0154

    Downloadable Resources

    CEDA/PACE Program for California Consumer Protection Dividend's EmpowerLoan Municipal Brochure
    SEIA Membership
    Dividend Solar Consumer Affairs Reviews
    American Business Council Membership
    Better Business Bureau Review
    SEPA Partnership
    WISE Supporters