MEI provides the open market commercial PACE program, which allows the property owner to select from multiple Clean Energy Development Board (CEDB) approved capital providers, which will bid on the projects.
PACE financing can be used with utility energy incentives. Click here to see what energy-efficient programs are available in your area. PACE is a unique funding mechanism which allows for:
No upfront costs
20-year fixed-rate funding which provides an immediate return on investment for long-payback upgrades
No required payoff upon sale
Shared costs and benefits with your tenants
Questions about PACE? Email us at PACE@moenergy.org.