What Makes PACE Financing Different?

Unlike traditional financing where you need to have a great credit score and applications can take a long time, PACE (Property Assessed Clean Energy) financing allows you to borrow as much as you need, based on your home’s value. Applying is seamless, and you’ll have a decision in seconds!

You won’t have to put any money down and repaying is easy. You’ll have anywhere from 5 to 30 years to repay the loan on your home’s property taxes, and if you ever decide to sell — the new homeowner becomes responsible for the payments.

Affordable Home Energy Efficiency Improvements

Don’t put off making important and valuable home improvements. Get PACE financing to help you make all the energy efficiency upgrades your home needs today! Learn more about the various PACE options available:

PACE (Property Assessed Clean Energy)

PACE (Property Assessed Clean Energy) is a program that creates more financing opportunities for energy efficiency, renewable energy, and water conservation upgrades to buildings. State and local governments offer PACE financing to create jobs, promote economic development, and protect the environment. property’s tax bill.

Programs including CaliforniaFIRST and HERO can help you pay for new heating and cooling systems, lighting improvements, solar panels, water pumps, insulation and more. PACE pays for 100% of a project’s costs and is repaid for up to 25 years with an assessment added to the with an assessment added to the property’s tax bill.


CaliforniaFIRST is a PACE financing program that provides upfront funding for energy efficiency, renewable energy and water saving improvements for your home. It is a public/private partnership administered by Renew Financial and funded through private capital program participants.

Property owners pay back the funds that were used to finance their home improvement project as a line item on their property tax bill. Simply apply, complete your projects and repay the financed amount on your property taxes over the course of up to 25 years.

CaliforniaFirst Benefits

This program has a variety of great benefits, including:

  • 100% financing. No out-of-pocket costs
  • Borrow up to 15% of property value
  • Flexible repayment terms: 5-25 years
  • May add value to property
  • Fast in-home approvals
  • And more!


HERO, which stands for Home Energy Renovation Opportunity, is a PACE program that offers smarter financing for homeowners. Homeowners are using HERO to finance home performance projects that lower their utility bills, reduce energy and water usage, and create a more comfortable home.

HERO offers homeowners additional consumer protection benefits including extensive contractor training, fair-price monitoring, experienced customer service representatives, and dispute resolution assistance to resolve any consumer complaints. The HERO Program benefits homeowners, the environment, and the community.