Property Assessed Clean Energy (PACE)

Did you know buildings account for up to 50% of a community’s energy use and approximately 40% of its Greenhouse Gas emissions?

New buildings are constructed to meet higher standards of energy efficiency, however, there are steps property owners can take to improve the efficiency of older homes and businesses. These improvements can help conserve energy, reduce Greenhouse Gas emissions, save money and green our community.

The City of Hollywood recognizes one of the main barriers to making energy efficiency or renewable energy improvements is the cost. To assist, the City is participating in the PACE program.

What is PACE?

 
PACE (Property Assessed Clean Energy) eliminates the barrier of high upfront costs by allowing property owners to pay off energy efficient and/or green energy improvements through an assessment on their property tax bill.

What can be funded through PACE?

PACE can be used to fund energy efficiency improvements, wind resistance measures and renewable electricity generation including, but not limited to, solar water heating systems; air sealing and ventilation systems; efficient doors and windows; insulation; “cool” roofs; water heaters; pool pumps; lighting fixtures and controls; storm shutters; wind resistant shingles; high impact windows and doors; photovoltaic systems; EV charging stations; and small wind turbines.

How do I participate in PACE?

  1. Select one of the three approved PACE providers.
  2. Determine eligibility with the provider.
  3. Choose a contractor and determine the scope and cost of the project.
  4. Secure financing for the project through the PACE provider.
  5. Install the improvements to your property.
  6. Enjoy your new energy efficient, wind resistant, clean energy generating home!
VIDEO: PACE Commercial Workshop Morning Session - March 29, 2016 

VIDEO: PACE Residential Workshop Evening Session - March 29, 2016

For more details about the steps, requirements, and eligibility, please contact an approved PACE provider.

PACE providers approved by the City of Hollywood

Alliance NRG
www.alliancenrg.com
855.431.4400

RENEW Financial
www.renewfinancial.com
727.238.7326

Clean Energy Green Corridor / Ygrene Energy Fund Florida
www.ygrene.us/fl/green_corridor
305.569.0015

PACE News and Information
June 14, 2016 - PACE approved in Broward County. Learn more here.
July 2016-PACE and Veteran Home Loan Benefits. Learn more here. View Circular here.
July 2016-PACE and FHA insured mortgages. View Fact Sheet here