What IS PACE?

Property Assessed Clean Energy "PACE" is a new change in Nevada law that allows commercial property owners to lower their energy costs and increase their revenue with 100% financing for energy efficiency and alternative energy improvements. PACE financing offers the opportunity to improve property while not using capital as compared to traditional bank financing.

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HOW Does PACE increase my revenue?

Commercial property owners spend approximately 40% of their operating budget on energy costs, which continue to rise. Through PACE, energy savings each year will more than offset your assessment payments which are spread out up to twenty years.

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HOW DOES IT WORK?

As the local PACE Program, we will perform an evaluation on your property through one of our Approved Energy Contractors to determine which energy upgrades make sense. We will also arrange 100% financing that can be repaid up to twenty years with an assessment added to your property tax bill. PACE assessments transfer to the new owner if you sell your building and under most leases can be shared with your tenants.

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DO I QUALIFY FOR PACE FINANCING?

PACE financing works for just about any type of commercial property in Nevada. This includes commercial, industrial, agricultural and non-profit buildings. Multi-family buildings are eligible as well.

To request information on financing for your commercial property: (this information is private and secure)

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Next Steps...

For more information about PACE financing or to request financing...