***Upgrade your Home or Business’s Energy Efficiency with PACE Financing***
Did you know that as a resident or commercial business in the City of Coral Gables you may qualify for financing to make improvements to your buildings that can lower utility bills, reduce annual repair and maintenance costs, decrease insurance premiums and increase the property’s market value? The City of Coral Gables is a member of the Clean Energy Green Corridor Program, an initiative currently available for commercial and residential property owners to implement energy efficiency upgrades through Property Assessed Clean Energy (PACE) financing.
PACE financing allows residential or commercial property owners to finance renewable energy and efficiency upgrades over the long term through a voluntary property tax assessment. Eligible improvements may include solar panels, hurricane windows and shutters, roof strengthening measures, air conditioning and heating systems, water heaters, weatherproofing, insulation, pool pumps and much more. These improvements, in turn, can lower utility bills, increase the home’s value, lower hurricane insurance costs, and improve the quality of the residence.
As of the end of March 2017, over 200 projects have been completed at a value of almost $7 million in the City of Coral Gables.
YGrene Energy Fund Florida, LLC. ; Renew Financial and Renovate America have been authorized to administer the program in Coral Gables. For more information on the program please visit the following websites