Property Assessed Clean Energy ("PACE") is a financing mechanism that offers a way for property owners to receive upfront funding for energy efficiency, renewable energy, and water efficiency improvements for their home or business -- and to repay on their property tax bill over the course of up to 20-years and allows property owners to save money and energy.
The following PACE Financing Programs are currently available in Lafayette:
Approved by the City in June 2015, the AllianceNRG Program, part of the California Statewide Communities Development Authority Open PACE Platform, offers residential and commercial property owners a simple and dependable financing solution for energy efficiency, renewable energy, water conservation and seismic strengthening projects. For more information, visit them online or call them at (855) 431-4400.
CaliforniaFIRST was approved by the City in November 2014 and operates under the auspices of the California Statewide Communities Development Authority Open PACE Platform. Property owners can make improvements that save energy or water, such as solar panels, new windows, drip irrigation, or an energy efficient roof. For more information, please watch their video, visit them online, call them at (844) 589-7953, or email them at info@californiafirst.org.
The Figtree Program was approved by the City in January 2015. The Figtree OnDemandPACE Program provides financing to help commercial property owners improve their properties an lower their utility bills with energy efficiency, renewable energy, and water conservation upgrades. Learn more about the Figtree program by viewing their website online or by calling them at (877) 577-7373.
The HERO Program was approved by the City in January 2015. HERO is a private program that partners with local government to make energy efficient, water efficient, and renewable energy products more affordable for homeowners. More than 90,000 product models qualify, enabling consumers to access the most advanced technology for efficiency upgrades. Typical project covered by HERO include: solar photovoltaic systems, energy efficient space heating, air cooling and ventilation, cool roof systems, upgrades to windows, solar thermal water heating, weatherization, and energy efficient light fixtures. Learn more about the HERO program here, by viewing their website online, or by calling them at (855) HERO-411.
The Ygrene Energy Fund was approved by the City in April 2015. The YgreneWorks Program provides property owners immediately accessible financing for energy efficiency, renewable energy, water conservation, and (in some areas) electric vehicle charging stations. Typical covered projects include: solar panels, heating and air conditioning, lighting, roofing, insulation, drip irrigation, and windows and doors. For more information on Ygrene PACE Financing visit them online or call them at (877) 819-4736.
The Bay Area Regional Energy Network (BayREN), in partnership with the US Department of Housing & Urban Development (HUD), developed a Local Government PACE Portal, a "one-stop shop" comparing the PACE Programs available in the Bay Area.
