Department of Energy
Property-Assessed
Clean Energy (PACE)
Programs Eligible
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PACE Info


PROPERTY-ASSESSED CLEAN ENERGY 
The property-assessed clean energy (PACE) model is an innovative mechanism for financing energy efficiency and renewable energy improvements on private property. PACE programs allow local governments, state governments, or other inter-jurisdictional authorities, when authorized by state law, to fund the up-front cost of energy improvements on commercial and residential properties, which are paid back over time by the property owners

BEST PRACTICE GUIDELINES FOR RESIDENTIAL PROPERTY ASSESSED CLEAN ENERGY FINANCING

The U.S. Department of Energy’s (DOE) Best Practice Guidelines for Residential PACE Financing Programs (published Nov. 18, 2016) outline best practices that can help state and local governments, PACE program administrators, contractors, and other partners develop and implement programs and improvements that effectively deliver home energy and related upgrades through residential PACE. The guidelines are an update to a 2010 version, “Guidelines for Pilot PACE Financing Programs,” and supersede its recommendation. 

 

The  guidelines focus on best practices for program design, including consumer and lender protections; compatibility of PACE with other energy efficiency programs and services; minimum contractor requirements and performance standards; and evaluation of program outcomes, including cost effectiveness, energy savings, and non-energy benefits such as improved health and comfort.

 

DOE encourages existing and prospective PACE financing programs to use these guidelines to design residential PACE programs that meet the specific needs of their states and communities.  

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PROPERTY-ASSESSED CLEAN ENERGY PROGRAMS


Best Practice Guidelines For Residential Property Assessed Clean Energy Financing


The U.S. Department of Energy’s (DOE) Best Practice Guidelines for Residential PACE Financing Programs (published Nov. 18, 2016) outline best practices that can help state and local governments, PACE program administrators, contractors, and other partners develop and implement programs and improvements that effectively deliver home energy and related upgrades through residential PACE. The guidelines are an update to a 2010 version, “Guidelines for Pilot PACE Financing Programs,” and supersede its recommendation. 

 

The guidelines focus on best practices for program design, including consumer and lender protections; compatibility of PACE with other energy efficiency programs and services; minimum contractor requirements and performance standards; and evaluation of program outcomes, including cost effectiveness, energy savings, and non-energy benefits such as improved health and comfort.

 

DOE encourages existing and prospective PACE financing programs to use these guidelines to design residential PACE programs that meet the specific needs of their states and communities.  


PROPERTY-ASSESSED CLEAN ENERGY


The property-assessed clean energy (PACE) model is an innovative mechanism for financing energy efficiency and renewable energy improvements on private property. PACE programs allow local governments, state governments, or other inter-jurisdictional authorities, when authorized by state law, to fund the up-front cost of energy improvements on commercial and residential properties, which are paid back over time by the property owners.


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