Finally: A Truly Attractive Efficiency Financing Option
Property Assessed Clean Energy (PACE) financing is a new way for property owners to make energy- and water-efficient building improvements through low-interest, long-term loans secured by voluntary property tax assessments. Financing terms are based on the life of the improvement (up to 20 years) and payback responsibility can be transferred with property ownership – making this one of the most attractive loan products for lenders and property owners alike.
PACE Works is a turnkey PACE program service administered by Octus Energy and our partners. Employing an owner-preferred financing model, Octus creates an efficient, competitive, and transparent market by partnering with financial institutions to provide funding for PACE loans. This results in:
- Job creation
- Attraction of clean technology businesses
- Increased property values
- No exposure or risk to jurisdictional general funds
- Greenhouse gas emissions reductions
- Enhanced local revenues
- An improved area business stock
Interested in learning more? Visit our PACE financing site.
