Property Assessed Clean Energy (PACE) Program
The property assessed clean energy (PACE) model is an innovative mechanism for financing energy efficiency and renewable energy improvements on private property. PACE programs exist for commercial or residential properties.
Property assessed clean energy (PACE) is a financing tool that allows property owners to finance the upfront cost for qualified energy, water, resilience, and public benefit projects with funding through a voluntary assessment on the property tax bill. Commercial PACE (C-PACE) programs are the most prevalent type of PACE policy and program in the United States and are the focus of this profile.
For more information, contact our department or visit the Department of Energy’s PACE webpage.
The Dayton-Montgomery County Port Authority has been a lender on multiple PACE projects in the Dayton Region. We encourage you to speak with them if you have are planning PACE project:
Category: Local
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