What is the interest rate for PACE financing?
Currently, PACE financing has an average range of 5-7% interest rate with additional associated fees. Typically, the cost of the project is repaid over a period of 15 to 20 years as an annual payment on the property tax bill. However, other payment lengths are available. Interest rates and fees for the project are set by the PACE Provider at the time that Financing Document/Agreement are finalized with the property owner. More information can be found in the PACE Provider’s guidelines documents:
The CounterPointe Energy Solutions Program Guidelines for the AllianceNRG Program are available on request by calling or emailing the PACE Provider directly.
The PACE Funding Group, LLC Program Guidelines for the PACEfunding Program are available on request by calling or emailing the PACE Provider directly.
The Dividend Finance Program Guidelines for the Dividend Program are available on request by calling or emailing the PACE Provider directly.
The Greenworks Lending Program Guidelines for the FDFC PACE Program are available on request by calling or emailing the PACE Provider directly.
Property owners can visit the individual PACE Provider’s websites or call the PACE Providers for more information. PACE Provider Contact Info