PACE Program

Jul22

PACE Program

PACE

(Property Assessed Clean Energy)

What is PACE?

PACE (Property Assessed Clean Energy) provides financing for property owners to make improvements to their residential or commercial properties in the areas of:

  • Energy efficiency (such as heating and cooling systems, lighting, water pumps, insulation);
  • Renewable and sustainable energy (such as solar panels); and
  • Wind resistance (such as roofing, storm resistant windows)

Why PACE?

  • SAFER homes and businesses.
  • SECURITY of knowing there is a much better chance of having a livable structure in place after a hurricane or catastrophic event.
  • COMMUNITY VIABILITY: The more homes and business which can pick up where they left off after a storm means communities recover faster.
  • LOWER INSURANCE COSTS Homeowner’s Insurance savings — up to 77% credit off of the filed rate.
  • LOWER ENERGY COSTS
    • Lower utility bills
    • Tax credits
    • Rebates

 

Download, the PACE Mitigation facts PDF Here


 

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@ 2018 Florida Association for Insurance Reform