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Pasco County, CA to research PACE

By Carl Orth | Suncoast News
Published: August 6, 2014

 Pasco County officials hope to keep PACE with other cities and counties that offer financing for homes and businesses to build projects for greater energy efficiency or clean-energy conservation.

Property Assessed Clean Energy loans can apply to renewable energy improvements and wind resistance upgrades, George Romagnoli, Pasco community development manager, said in a memo to county commissioners.

Examples include more efficient air conditioning systems, window replacements, strengthening roofs and raising buildings above the flood-zone elections.

The typical interest rates on a PACE loan are 6 percent to 7 percent. The loan amount cannot exceed 20 percent of the value of the property. See more.