About Commercial PACE
Property Assessed Clean Energy (PACE) is a financing option available to Los Angeles County commercial, industrial, and multi-family property owners to fund on-site energy efficiency, renewable energy, and water-saving improvements. This financing option allows 100% of project costs to be repaid through an assessment placed on property tax bills. Projects can be amortized over a longer period of time, keeping them “cash-flow positive” from day one.
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- Lower operating costs
- Increase property value
- Funds up to 100% of installed costs