PACE Energy Financing

Project Development for Los Angeles and San Francisco County PACE Programs

Property Assessed Clean Energy (PACE) financing is a new option available to non-residential property owners in Los Angeles, San Francisco and other counties in California, to fund improvements that are proven to save energy or create renewable energy onsite. Unlike a traditional loan, the financing is paid back twice a year through an assessment on the property taxes. Property owners benefit from no out-of-pocket costs, as PACE financing allows projects to be amortized over a longer period of time so they can be “cash-flow positive” from day one.

Vert Energy Group will assess your property’s existing conditions and needs to develop a project that increases profits, reduces operating expenses, and increases your green corporate image – all for no out-of-pocket cost or risk!

Key Benefits of Using PACE:

  • Lower operating costs
  • Improve occupants’ comfort
  • Hedge against utility price increases
  • Reduce negative exposure to possible regulation
  • Help the environment
  • Boost property values

 Common Energy Efficiency Measures include:

  • Chiller / Boiler / Cooling Tower
  • Lighting Controls
  • Heating Ventilation & Air Conditioning (HVAC) equipment or controls
  • Variable Speed Drives (VSDs)
  • High-efficiency pumps and motors
  • Building Automation Systems (BAS)
  • Energy Management Systems (EMS)
  • Window film
  • Solar Photovoltaic (PV) systems

 Key Differences of PACE Financing

  • Realized savings next day (New Energy Bill + PACE payment < Old Energy Bill)
  • Funds 100% of installed projects costs
  • Long-term financing – up to 20 years
  • The loan stays with the property if ownership changes
  • Can fund projects not in the budget for Capital Renewal and Deferred Maintenance

 How Vert Energy Group Can Help

  • Meet with the building management and conduct a free energy assessment
  • Develop a list of potential energy efficiency measures and scope of work
  • Present strategy to the building management and obtain a Notice to Proceed
  • Secure a PACE reservation and financial investors
  • Implement the energy saving strategy
  • Owner then realizes energy savings immediately and only pays the loan twice per year, on the property taxes

 Call us today to schedule your free energy assessment and see if your building qualifies for PACE Energy Financing.

 800.585.2690

You may also visit PACE Los Angeles or PACE San Francisco for more information.

  1. Need a quote? Have questions? We will respond within one business day.

Energy Management & Building Modernization

Vert Energy Group helps commercial and industrial building operators develop and implement strategies that save energy, upgrade building equipment and increase property value.

See how we can help you.

Our 4-Step Process

1. Energy Efficiency Audit

2. Engineering and Due Diligence

3. Develop Request for Proposal Package

4. Construction Management & Commissioning

Read more about our process.

Recent Clients: