“PACE” stands for Property Assessed Clean Energy. PACE financing allows individual property owners to voluntarily join an assessment district and borrow money for the purpose of making energy or water efficiency improvements to their property. The property assessment is paid back over time on the property owner’s property tax bill. The voluntary assessment is created when the property owner enters into a contract, known as a “contractual assessment,” with a PACE financing provider.
PACE for Property Owners:
The following PACE financing providers have been approved to work with property owners within unincorporated Contra Costa County.