PACE programs allow qualified property owners to obtain long-term financing for energy efficiency, renewable energy, water conservation, and seismic improvements and repay it through their secured property tax bills.
All PACE programs must adhere to California State Law AB-2063.
Dividend is a leading national provider of renewable energy and energy-efficient financing solutions to property owners. They give their customers the opportunity to obtain clean energy financing through a comprehensive suite of financing options. Their flagship product, the EmpowerLoan™, continues to expand its product offerings into the storage and home-energy space.
Dividend also offers commercial PACE, which is a public-private financing mechanism for energy efficiency, renewable energy, water conservation, and seismic upgrades on privately-owned property.
Visit the Dividend Finance website to learn more and apply for the program.
What does Ygrene do?
Ygrene provides special financing known as Property Assessed Clean Energy (P.A.C.E.) which allows you to finance improvements to your property by putting the financed amount on your property tax bill. Ygrene offers our program in partnership with your local city or county government. The partnership enables the program to provide low cost financing over long terms with zero money out of your pocket. With Ygrene, you will save energy and money and your city gets to reduce greenhouse gas emissions.
How can I use the funds?
Their funds can be used by both residential and commercial property owners. However, as of August 15, 2022 ONLY Commercial Funding will be available for any project that creates renewable energy such as solar, saves energy such as a high-efficiency heating and air conditioning system and water conservation projects such as net-zero landscaping. For more information on what projects qualify, please check their Improvements page
Why is making payments on my property tax bill a great idea?
Making payments on you property tax bill is a great idea for many reasons. First, it saves you money and makes Ygrene America’s best financing option. The payment may be tax-deductible which reduces your effective cost. Additionally, just like property tax, the payments can stay with the property when you move. The new owners makes future payments while also enjoying the energy and tax savings benefits. Further, depending on when you install your upgrade, you won’t have to make a payment for up to 17 months. There are many more benefits to this innovative financing. Please contact one of their certified Ygrene contractors or Ygrene financing specialists to learn more.
Why would I use Ygrene financing over traditional financing?
Ygrene beats traditional financing hands down. Their longer terms and tax advantages deliver the lowest monthly payments – saving you up to 50% or more over traditional financing. Add in other benefits such as payments that stay with your property, zero money down and no payments for up to 17 months.
How do I get started?
Getting started is easy. Simply submit an application or contact one of their certified Ygrene contractors or Ygrene financing specialists to learn more.
Visit the Ygrene website to learn more and apply for the program or call (877) 819-4736.