PACE Financing provides Florida homeowners, businesses with incentives and helps generate Green jobs.

PACE (Property Assessed Clean Energy) financing approved by the Florida Legislature as House Bill 7179. PACE financing can be used by homeowners and businesses to retrofit their properties with clean technology at no cost to taxpayers.

What is PACE and how does it work?

PACE is a way to finance solar systems or energy efficiency retrofits, where the city offers you a loan and you pay it back through your property tax bills over 15 to 20 years.

What are the benefits of PACE financing?

  • It allows homeowners and businesses to take advantage of solar energy and other clean energy technologies without the large upfront capital outlay.
  • If you sell your home, the solar system and the tax liability go to the new owner of your home.
  • It has the potential to result in significant green job creation for Florida at no cost to taxpayers – only real estate owners who opt in will pay the cost of the improvements.

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