PACE

The EFS PACE Program

Property Assessed Clean Energy (PACE) programs are an easy and effective way to drive energy efficiency, water conservation and clean energy improvements in commercial buildings. PACE programs provide long-term, low-cost capital for qualifying projects. The PACE financing mechanism has been used nationwide for decades to fund property improvements that meet a public purpose.

PACE Financing Benefits

  • Interested building owners can enter into a voluntary property assessment
  • Assessment funds 100% of the upfront cost of a qualifying project
  • Repayment via an assessment added to property owner’s tax bill—payment can be spread over 20 years (based on the life of the project)

Eligible PACE Projects

  • Office, Industrial, Multifamily and Retail
  • Hospitality
  • Manufacturing & Industrial
  • Institutional & Not-for-Profit Facilities
  • Agriculture

EFS PACE assists local businesses with financing:

  • Efficient Lighting Systems
  • Building Envelope Improvements
  • Efficient Furnaces, Boilers & Chillers
  • Heat Pumps (Air & Ground Source)
  • Pumps, Motors & Variable Speed Drives
  • Automated HVAC Controls
  • Building Management Systems
  • Fuel Switching
  • Combustion and Burner Upgrades
  • Water Conservation
  • Efficient Hot Water Heating Systems
  • Heat Recovery and Steam Traps
  • Renewable Energy Systems

EFS PACE: The low-cost way to drive energy efficiency improvements in your community

  • Helps units of government (Districts) establish a PACE program
  • Builds off local programs to create regional options
  • Streamlines program administration—at no cost or liability to your District
  • Leverage an open market platform

EFS PACE programs benefit a broad range of stakeholders:

Want to learn about the EFS PACE program? Contact us today.
For more information about PACE and opportunities to support it, visit PACENow.org.