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PACE Financing

What is PACE Financing?

PACE Financing (Property Assessed Clean Energy) is an innovative and affordable way to make energy saving and cost reducing improvements. PACE
Financing out-performs traditional financing in many ways:Financing can pay for new lighting improvements, solar panels, controls, HVAC systems,  water pumps, insulation, and more for almost any property – commercial, industrial, non-profit, and agricultural
  • Financing pays for 100% of a project’s costs 
  • Increases building value
  • Can provide positive cash flow with energy savings greater than the improvement payment
  • Payments are set up as a special assessment for up to a 20 year period
  • Does not negatively impact your balance sheet
  • Preserves borrowing capacity for other projects
  • Can be considered equity for new construction or renovation
  • Is a simple and effective way to finance energy efficiency, renewable energy, and water conservation upgrades to buildings
  • Is sponsored by State and local governments to create jobs, promote economic development, and protect the environment

Best of all, PACE Financing leverages an opportunity that’s already ripe for the taking. Most buildings are already losing energy dollars that can be claimed through improving the efficiency of building systems. Solar energy and other renewable energy resources are now going unclaimed. Water is waiting to be conserved. PACE Financing is simply a way to reclaim the money currently going to waste, and to transform this loss into a near-term benefit.

Overview of PACE Financing

PACE Financing is an innovation that combines the flexibility of private funding with the assurance of payment through government participation. Instead of burdening a property with a short term loan, PACE Financing covers the cost of improvements through a long-term property tax assessment. If the building is sold, the new owners simply continue paying the assessment along with their tax bill. The funding of PACE Financing projects comes from private investors, thus eliminating the complex, sensitive logistics that entangle other types of public financing.

Why choose Logical Green Solutions & Total Team Construction to lead your PACE project?

Logical Green Solutions will (typically) initiate your PACE Financing project by first evaluating the “low hanging fruit” of LED lighting. Total Team Construction will then lead your project team with a combination of expertise and experience in energy saving technology, commercial construction, and project management. Your existing building envelope will then be evaluated for opportunities to maximize your benefits and achieve your project goals. The Logical Green Solutions and Total Team Construction combined networks of consultants, Architects, Engineers, manufacturers, subcontractors, and vendors will complete your PACE Financing project team.  

This complete project team will provide you with the best solution.