Almost half of the energy we use, and three-quarters of the power we produce, is used to heat, cool, light, and generally run our buildings. Because the majority of this energy is generated by the combustion of fossil fuels, limiting its use in a significant way will rely on lowering energy usage in buildings. A variety of impediments have so far prevented the widespread implementation of energy efficiency and renewable energy solutions.
PACE reduces barriers to the implementation of energy efficiency and associated projects in our country’s buildings. PACE finance eliminates the upfront cost barrier by funding the whole project cost. Long-term repayment terms of up to 30 years make lengthier payback projects instantly cash flow positive and increase the value of structures. PACE financing companies make it easier for contractors to close larger sales.
PACE financing allows you to fund energy-efficient home renovations. Although these schemes are known by different names, “PACE” stands for Property Assessed Clean Energy. This is typically a separate assessment of the property that is collected along with the property taxes. If you do not make the payments, you may lose your house, just as with a regular property tax lien. Before signing the contract, like with any type of financing, you should weigh the costs and benefits of PACE financing.
C-pace.com is a national leader in the C-PACE sector, specializing in long-term C-PACE states financing for commercial property owners looking to minimize energy expenses, reduce their carbon footprint, and boost property values. The senior management team has decades of executive-level expertise in commercial lending and structured finance, as well as long-term institutional investor contacts. With billions of dollars of committed financing, they are able to finalize transactions in qualified C-PACE markets around the country.
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