Archive For The “Pace Financing” Category

Clean Energy Pace Financing Miami-Dade, Green Construction

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Many cities in Miami-Dade County offer the PACE financing program for clean energy construction projects.

PACE Financing Graphic

What is the PACE Financing Program

Property Assessed Clean Energy (PACE) is a way of financing energy efficiency or renewable energy construction projects for buildings. In areas with PACE legislation in place, municipal governments offer a specific bond to investors and then loan the money to consumers and businesses to put towards a green energy construction project. These loans are repaid over the assigned term (typically 15 or 20 years) via an annual assessment on their property tax bill. PACE bonds can be used to retrofit both commercial and residential properties. One of the most notable characteristics of the PACE program is that the loan is attached to the property rather than an individual.

PACE Financing by State

Energy Fund Green Construction Projects

There are thousands of energy saving construction and home improvement projects that the Energy Fund can finance in Miami-Dade County. Qualifications may vary by location. Here are some examples:

Heating & AC

-Heat pumps
-Air conditioning
-Duct replacement

Hurricane Resistance

-Strapping
Flood barriers
Hurricane shutters
Rolling screen doors
Impact resistant windows
Garage door installation

Insulation

Attics
-Walls
-Under-floor

Lighting

-LED
-Lighting controls

Roofing

-Awnings
-Roof replacement

Solar Panels

-Panels
-Inverters
-Pool heating

Water Saving & Landscaping

-Drip irrigation
-Artificial turf
-Low flow plumbing
-Grey water systems

Windows & Doors

-Sealing
Skylights
Blinds and shades
Window treatments

South Florida / Miami-Dade County Energy Fund and PACE Financing Program

Qualifying cities in South Florida for PACE Financing Program:

Bay Harbor Islands, Biscayne Park, Coral Gables, Cutler Bay, El Portal, Key Biscayne, Miami, Miami Gardens, Miami Lakes, Miami Shores, Miami Springs, North Bay Village, North Miami, Palmetto Bay, Pinecrest, South Miami, and Surfside Florida.

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