A New Energy Program Just Approved By County Could Save Homeowners Thousands Of Dollars.
The State of Florida offers a unique opportunity for communities, property owners and contractors through the Property Assessed Clean Energy (PACE) Program. Designed to assist the revitalization of local communities by providing the financing to create jobs for local contractors.
How does this work?
Homeowners who have recently purchased or are looking to sell may be short on the capital needed for improvements. The PACE program funds these improvements for those who qualify. Repaid through an assessment on the yearly tax bill, it helps homeowners acquire the funds needed to hire local contractors.
What are the benefits?
Some benefits of the program include direct payments for contractors. There is no middle man. Additionally, the program is not based on credit scores, widening the pool of qualified recipients. These payments may be stretched out over 30 years, and are administered with fixed interest rates.
There is a five-step process:
- Submit the project
- Project is reviewed
- Financing agreement
- Project completion
This program helps build up the community, create jobs, and gives homeowners a sense of pride when the job is done.
AC Warehouse is proud to be an authorized participant in the PACE Program. To learn more about how this may benefit you, give us a call at 941-755-5555.