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PACE Energy Program What It Is and How It can Help You?

Inner City Skyline refers homeowners that are interested in doing energy efficiency upgrades or renewable energy installation to PACE programs that help clients get funded. Inner City Skyline can help you understand the basics of PACE Energy Program and show you what to consider when you are being introduced to a financing program like this.

PACE Energy Program is a means of financing energy efficiency upgrades or renewable energy installations for residential, commercial and industrial property owners. It’s one of the more unique approaches to funding projects as it does not associate with the credit of the individual. It’s bound to the property and upon property sold, can be transferable to the next homeowner.  

PACE Energy Program is not a government program. It does not provide any discounts through the program for services rendered. It is just one of the methods used to finance your project without putting considerable amount of money to get started.

Equal Opportunity Program

The PACE Energy Program is an equal opportunity (if you are eligible and qualify) program. The program complies with local, state and federal regulations. It ensures homeowners have plenty of time to cancel the program, while each PACE Program follows its own set of rules. Ask you’re PACE Energy Program representative for details on cancellation policy before committing to the program. Inner City Skyline advises all clients to do their own due diligence and research. The programs available are equal opportunity for all homeowners based off factors none associated with race, ethnicity or any other discriminatory factors.

What to look out for?

Most PACE Energy Programs use the property in an ingenious way to finance energy efficiency projects around the house. It’s binding to your property and can be transferred to the next homeowner if you choose to sell. Financial obligations are twice a year and are attached to your property taxes. Consequences can be severe if you fail to repay your financing.

Most state programs provide rebates to energy efficiency projects and tax deductibility is not part of this program. Consult your own tax professional for most accurate information regarding deductibles.

We ask all of our clients to use the program if it fits their needs. Schedule a free estimate and let us get started with your energy efficiency project (855) 751-4663