The Schwarzenegger Institute of the University of Southern Calfornia recently published a study highlighting the positive impacts of PACE (Property Assessed Clean Energy) Program on the economies of California and Florida. (This study covered PACE projects completed by Ygrene Energy Fund from 2013-2018). It was found that to date, Ygrene PACE projects have resulted in a reduction of 1.57 million metric tons of carbon dioxide emissions, an additional $3.2 billion in economic output stimulus, and 27,000 new job years created and sustained throughout local economies.
Property Assessed Clean Energy (PACE) financing helps homeowners afford many home improvements. Administered at a local level, PACE programs cover many renewable energy and water-saving features as well as efficiency upgrades and storm protection improvements in areas where PACE has been approved.
