As homeowners become more conscious of energy efficiency, sustainability, and cost savings, they are looking for ways to upgrade their homes without facing high upfront costs. This is where PACE (Property Assessed Clean Energy) funding comes in—a unique financing option that helps homeowners invest in sustainable home improvements while making repayments through property taxes.
From solar energy and efficient HVAC systems to hurricane-resistant roofing and water conservation upgrades, PACE funding empowers homeowners to enhance their properties in an affordable, accessible way. In this guide, we’ll explore the role of PACE financing in supporting sustainable home improvements and why it’s a game-changer for homeowners in Central Florida.
What is PACE Financing?
PACE (Property Assessed Clean Energy) is a government-backed financing program that helps homeowners afford energy-efficient, renewable energy, and storm-resilient home upgrades with no upfront costs.
- How PACE Works
- Homeowners borrow funds to install qualifying sustainable upgrades.
- The loan is repaid through annual property tax assessments over a set period (typically 10-25 years).
- Approval is based on property equity, not credit score, making it more accessible.
- The financing is tied to the property, meaning it transfers to new owners if the home is sold.
How PACE Supports Sustainable Home Improvements
PACE financing covers a wide range of sustainable and energy-efficient home upgrades that help homeowners reduce their carbon footprint, lower energy bills, and enhance property value.
- Solar Energy Systems
Solar panels are one of the most effective ways to transition to clean energy, but installation costs can be a barrier. PACE financing allows homeowners to install solar panels with zero upfront costs and start saving immediately.
✔ Generates renewable energy
✔ Reduces or eliminates electricity bills
✔ Increases home value
✔ Qualifies for Federal Solar Tax Credit (30%)
Example:
- A homeowner installs a 7kW solar system costing $21,000.
- With PACE financing, they pay $0 upfront and see monthly energy bill savings of $200-$250.
- High-Efficiency HVAC Systems
Cooling and heating systems account for nearly 50% of home energy use, making high-efficiency HVAC upgrades one of the best ways to lower electricity bills.
✔ Reduces energy consumption by 20-50%
✔ Improves indoor air quality
✔ Provides consistent cooling in Florida’s hot climate
PACE Funding Covers:
- High-SEER HVAC systems
- Smart thermostats
- Duct sealing & insulation
- Energy-Efficient Roofing & Insulation
In Florida, heat absorption from the roof can significantly impact cooling costs. PACE financing helps homeowners upgrade to:
✔ Reflective (cool) roofing materials to reduce heat buildup
✔ Metal roofing, which is durable and energy-efficient
✔ Upgraded insulation to prevent heat loss or gain
Example:
- A homeowner replaces an aging asphalt roof with a cool roof system using PACE.
- They save $500-$1,000 per year in cooling costs.
- Hurricane-Resistant Windows & Doors
Florida homeowners need protection from hurricanes and extreme weather. PACE financing covers:
✔ Impact-resistant windows & doors to prevent storm damage
✔ Hurricane-rated roofing for wind and water resistance
✔ Reinforced garage doors to withstand high winds
Benefits:
- Lower insurance premiums
- Stronger home protection
- Improved energy efficiency
- Water Conservation Upgrades
PACE also funds water-efficient home improvements that help homeowners reduce water waste and lower utility bills.
✔High-efficiency toilets & fixtures
✔ Smart irrigation systems
✔ Drought-resistant landscaping
3. Financial Benefits of Using PACE for Sustainable Upgrades
PACE financing makes sustainable home improvements affordable and accessible with the following financial advantages:
- No Upfront Costs
PACE covers 100% of the project costs, eliminating the need for homeowners to pay out-of-pocket.
- Fixed, Predictable Payments
Homeowners repay the cost of improvements over 10-25 years as part of their property tax bill, making budgeting easier.
✔ Low, fixed interest rates
✔ No fluctuating payments
✔ Longer repayment terms mean lower monthly costs
- Increases Property Value
- Homes with solar panels, energy-efficient HVAC systems, and hurricane-resistant upgrades sell for higher prices.
- Buyers prefer homes with lower energy costs and sustainability features.
- Transferable Upon Sale
- If you sell your home, the PACE loan transfers to the new owner, making it easier to invest in long-term improvements.
4. Who Qualifies for PACE Financing?
Unlike traditional loans, PACE approval is based on property equity rather than credit score.
Basic Qualifications:
✔ Own a home in a PACE-eligible area (e.g., Central Florida)
✔ Have sufficient property equity
✔ Be current on property taxes & mortgage payments
5. Success Story: A Florida Homeowner’s Sustainable Upgrade
Scenario: A homeowner in Orlando wanted to install solar panels and upgrade their HVAC system but couldn’t afford the upfront costs.
✔ Used PACE financing to install a 6kW solar system & high-efficiency HVAC.
✔ Total Project Cost: $25,000 (fully covered by PACE).
✔ Monthly Energy Savings: $200.
✔ Net Annual Savings After PACE Payments: $500.
✔ Outcome: Reduced energy bills, increased home value, and long-term sustainability.
6. How to Get Started with PACE Financing for Sustainable Home Improvements
✅ Step 1: Schedule a Consultation
- Contact a PACE-approved contractor for a free home assessment.
✅ Step 2: Choose Your Upgrades
- Select energy-efficient, storm-resistant, or water-saving home improvements.
✅ Step 3: Apply for PACE Financing
- Approval is quick and based on home equity, not credit score.
✅ Step 4: Complete Your Installation
- Your contractor installs sustainable upgrades that improve your home’s energy efficiency.
✅ Step 5: Repay Over Time Through Property Taxes
- Enjoy lower energy bills and long-term savings while making predictable payments.
7. Conclusion: Invest in a More Sustainable Home with PACE Financing
PACE financing makes sustainable home improvements affordable for homeowners, allowing them to install solar panels, energy-efficient HVAC systems, hurricane-resistant upgrades, and more without worrying about upfront costs.
By using PACE funding, homeowners in Central Florida can enjoy:
✔ Lower energy and water bills
✔ Greater home resilience against storms
✔ Increased property value
✔ A cleaner, more sustainable future
Ready to upgrade your home? Contact a PACE-approved contractor today to explore financing options and start your sustainable home transformation!
Conclusion
Investing in sustainable home improvements is a smart way to reduce energy costs, increase home value, and contribute to a greener future. However, the high upfront costs of solar panels, energy-efficient HVAC systems, and hurricane-resistant upgrades can make these improvements seem out of reach for many homeowners.
PACE financing eliminates this barrier by offering 100% upfront funding with flexible repayment through property taxes. With no credit score requirements, fixed low-interest rates, and a transferable loan structure, PACE makes it easier for homeowners to upgrade their homes without financial strain.
By utilizing PACE funding, homeowners in Central Florida can:
✔ Lower energy bills through efficient systems
✔ Improve home comfort with better insulation and ventilation
✔ Enhance resilience with storm-resistant windows and roofing
✔ Increase property value with modern, eco-friendly upgrades
If you’re ready to make sustainable improvements to your home without the burden of upfront costs, PACE financing is the key to making it happen. Take the first step today! Contact a PACE-approved contractor to explore financing options and start your journey toward a more efficient, resilient, and eco-friendly home.
Want to Learn More?
The PACE program offers an excellent opportunity for Florida homeowners to finance essential energy-efficient upgrades without upfront costs. By partnering with Guardian Home, you can enhance your home’s comfort, safety, and value while contributing to a more sustainable future. Contact us today to schedule your free consultation and start your journey towards an energy-efficient home. Contact us today!
