What is PACE?
"Property Assessed Clean Energy (PACE) is an innovative way to finance energy efficiency and renewable energy upgrades to buildings. Interested property owners evaluate measures that achieve energy savings and receive 100% financing, repaid as a property tax assessment for up to 20 years. The assessment mechanism has been used nationwide for decades to access low-cost long-term capital to finance improvements to private property that meet a public purpose. By eliminating upfront costs, providing low-cost long-term financing and making it easy for building owners to transfer repayment obligations to a new owner upon sale, PACE overcomes challenges that have hindered adopted of energy efficiency and related projects in our nation's buildings."
Clean Energy Upgrade Financing in New Jersey
Please contact Jim (jnadel@epa-mc.com) or Mitchell (mnadel@epa-mc.com) for more info on how we can help you fund your energy renewable and conservation project through PACE.
For more information, you may also click http://newjerseypace.org.
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Find out about financing programs In New Jersey that can help your business make energy improvements.