Cities and counties are increasingly focused on helping their resident businesses go green without requiring any upfront cash.
Property Assessed Clean Energy (PACE) financing is making this dream a reality. The financing model allows property owners to borrow money from the local government, usually on a 20-year term, and repay it with a special property tax assessment that won’t require a cash down payment or inhibit the businesses ability to borrow money for operations in the future. Read more.