PACE stands for Property Assessed Clean Energy, an innovative financing option that allows you to finance or refinance eligible home improvements through a voluntary property assessment. The financing is tied to the property instead of the individual, and is repaid over the financing term through your property taxes.
To date, PACE has been successfully used by over 220,000 residential and commercial property owners to improve their property's energy efficiency, lower utility bills, protect from hurricanes, and reduce their carbon footprint. By providing over $1 billion of private capital to more than 550 local communities, Ygrene has created thousands of jobs and invested millions into local economies across the U.S. You can learn more about how PACE works here.