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PACE is a financing mechanism that allows property owners to voluntarily make qualifying improvements on their property, with repayment through a non-ad valorem special assessment added to their property tax bill.
Most products that can be permanently affixed to a property and reduce on-site electric use, assist in wind resistance, and/or produce onsite electricity are eligible for funding. Qualifying improvements include: rooftop solar panels, solar water heater, wind turbine, energy-efficient air conditioning unit, cool roof, window replacement, impact windows, insulation, and more.
The program is now live for Deerfield Beach property owners.
To get started, interested parties are encouraged to review the Program Guidelines for all approved providers. Like any financial decision, participants should review all available financing alternatives to ensure they are choosing the best option for their own personal financial situation. It is also highly recommended that property owners perform a comprehensive energy audit on their property before committing to any qualifying improvements.
For more information regarding PACE and tips on how to get started, please visit: Boward County's webpage on PACE.