Property Assessed Clean Energy (PACE) Program
On June 14th, the Commission approved a countywide property assessed clean energy (PACE) program, unlocking an innovative form of financing for clean energy and resilience improvements for property owners across the county. PACE allows property owners to receive up-front financing and repayment of debt for qualifying improvements, such as energy conservation, renewable energy, and wind resistance. Property owners then repay the upfront financing through annual PACE assessments on their property tax bills. More information can be viewed here.