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Financing
Financing
Financing

Clean Energy Pace Financing Miami-Dade, Green Construction

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

Clean Energy Pace Financing Miami-Dade, Green Construction

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.

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

Insulation

Attics
-Walls
-Under-floor

Lighting

-Awnings
-Roof replacement

Roofing

-LED
-Lighting controls

Solar Panels

-Panels
-Inverters
-Pool heating

Water Saving & Landscaping

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

Windows & Doors

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.