Residential and Commercial PACE Market Growth
Number of Home Upgrades
- Energy efficiency 67%
- Renewable Energy 19%
- Mixed 14%
million
Jobs Created
Number of Commercial Buildings
- Energy efficiency 46%
- Renewable Energy 45%
- Mixed 9%
million
Jobs Created
All aggregate data is provided to PACENow by PACE programs and not independently verified. For more details, please visit PACE DATA page.
Featured PACE Projects
Hospitality Sector
A $6.8 million PACE bond financed the energy efficiency component of a full scale renovation of the dusitD2 constance pasadena hotel in downtown Pasadena, CA. The project created local jobs and benefited the economy.
- PACE Project Size: $6.8 million
- Energy Savings: >200,00 kWh annually
- Term: 20 years
Residential Sector
Duane and Mary Baker took advantage of PACE financing through the HERO Program to upgrade their home in Temecula, CA. This project resulted in monthly savings for the Bakers, who now can control the temperature in the house using their smartphones.
- Electric bill went from $700 to $1.77 a month
Agricultural Sector
Sonoma County Energy Independence PACE Program empowered a local winery owner in Santa Rosa to install solar panels on the winery’s roof with no upfront costs.
- PACE Project Size: $65,000
- Energy Generation: 14,00 kWh annually
- Term: 20 years
Industrial Sector
The industrial building, located in Chico, CA, constructed in 2009, choose to use Figtree PACE financing to pay for renewable energy upgrade and reduce utility costs.
- PACE Assessment: $265,458
- System Installed: 77.74 kW Solar PV
- Term: 20 years
