Ygrene’s award-winning Property Assessed Clean Energy (PACE) financing provides communities with a scalable and enduring model for driving the adoption of energy and water resiliency measures and preventing catastrophic damage due to rapidly increasing natural disasters such as fire, earthquakes, hurricanes and more.
The PACE program for both residential and commercial property owners is made possible through a public-private partnership. States with PACE financing make it possible for more homeowners and businesses to make improvements that can reduce utility costs, lower insurance premiums, decrease GHG emissions, and prevent damage from natural disasters. Property owners can finance these upgrades with low, fixed interest rates that are repaid through their property tax bill. These upgrades offer the added benefit of creating new jobs and stimulating local economies in the process.
California PACE Program
“PACE enables homeowners to buy solar panels, install low-flow toilets and make other smart investments that save energy and water without breaking the bank. As California confronts a severe drought and a rapidly changing climate, this program gives homeowners another opportunity to do their part.”
“Ygrene Applauds California Governor Jerry Brown for Signing PACE Consumer Protection Package into Law.” (October 04, 2017) www.prnewswire.com
Former Governor Jerry Brown, California
“Property Assessed Clean Energy (PACE) financing has not only accelerated the adoption of clean energy and efficiency technologies, it’s helped thousands of Oaklanders make home upgrades without crashing into those large financial barriers. These upgrades can save people money on their utility bill in the long run. But in the short term, they can also dramatically improve people’s lives and help keep them rooted in their communities.”
“Mayor Schaaf touts Oakland’s energy-finance program for homeowners.” (October 25, 2017) eastbaytimes.com
Libby Schaaf Mayor, Oakland, CA
"Once our system was installed and I was actually able to see the numbers and see how much energy we were generating and how much money we were saving each month, then I was really elated. I was really excited about the program."
Ygrene: the leader in consumer protections
We review key financial disclosures with property owners to affirm that each has been explained to their satisfaction.
All contractors must be licensed, bonded and insured, as well as complete training and authorization requirements in order to offer Ygrene financing.
Contractors only receive final payment once the homeowner has agreed that their project has been completed to their satisfaction.
We are known for our friendly, knowledgeable support staff and, when necessary, our unparalleled customer resolution process. We’re here 7 days per week with extended hours during weekdays.
A critical step: the PACE enabled world
PACE-enabling legislation is a long-term solution to the true cost of climate shifts in the coming years — a number that could reach $4 trillion by 2050.
Dive into the data and learn why PACE presents an opportunity for local governments to effectively change course.
(or download the full PACE Enabled World report here.)
Estimated Ygrene PACE impact to date
PACE enables upgrades that protect against wildfires, hurricanes, and earthquakes, as well as those that help achieve clean energy goals. In the event of a natural disaster, every $1 invested in PACE-funded resiliency upgrades could save $2 in avoided property damage and relocation costs in the event of a natural disaster.
From solar panels and energy-efficient HVACs to impact-resistant windows, PACE upgrades can help lower utility bills and energy usage. In storm-prone areas, upgrades that improve resiliency can significantly lower monthly insurance premiums.
In the thousands of communities where PACE-enabling legislation has been activated, PACE is helping to create 92,000 new jobs and increase economic activity by over $11 billion — not to mention the potential billions of storm-related damage prevented by these upgrades.
Be the first to know about the latest updates on PACE.
1Individual results may vary. Savings are not guaranteed. The persons giving testimonials may have been compensated for use of their experience.
2Based on scaling NOAA 'U.S. Billion-Dollar Weather and Climate Disasters' data.