Worried about financing energy improvements on your home, just to move at a later time and have to carry that debt burden with you? PACE financing in California addresses this concern head on by tying the loan to the property where the energy improvements take place and where the benefits are realized – rather than tying the financing to the customer. So if you sell the property years down the road, the PACE loan remains tied to the property and becomes the obligation of the new property owner.
PACE stands for Property Assessed Clean Energy and is available to residential and commercial property owners to finance energy efficiency, water conservation, and renewable energy upgrades to their properties. While PACE programs are a very attractive financing option for property owners, only a few regions offer such a program. The folks at Synergy Companies have searched high and low for every residential PACE program currently available to make sure as many of our customers as possible have this as an option to meet their financing needs. We are currently a registered contractor in the following residential PACE programs:
WRCOG HERO Program
The WRCOG HERO Program is offered through a partnership between Western Riverside Council of Governments (WRCOG) and Renovate America, Inc. The Program’s purpose is to provide relatively low interest rate financing to spark the local economy by creating jobs and reducing utility costs, and to reduce greenhouse gas emissions. The Program provides HERO Financing for permanently affixed energy efficiency, water efficiency, and renewable energy products (Eligible Products). HERO Financing is repaid through an assessment on your property tax bill over 5-20 years, based on the useful life of the products, and upon sale of the property, the balance generally stays with the property.
Available Area: Western Riverside County
Clean Energy Sacramento
Clean Energy Sacramento enables you to make energy efficiency, water efficiency or renewable energy improvements to your home for no out-of-pocket cost. Improve the performance of your home, save energy, and live in a healthier, safer environment. The savings on utility bills, long repayment terms, and fixed, low interest rates make projects affordable. Qualify in minutes; get approval for funding today!
Available Area: City of Sacramento
FIGTREE PACE Financing
FIGTREE is a San Diego-based clean energy finance company providing breakthrough Property Assessed Clean Energy (PACE) funding that puts money-saving energy efficiency, renewable energy and water conservation upgrades within reach of virtually any property owner. Requiring no money down, FIGTREE’s unique brand of PACE financing gives property owners the freedom to amortize payments for a period of up to 20 years via their property tax bills.
Available Area: Various CA Cities and Counties
About Synergy Companies
Synergy Companies was established in 1981 in the San Francisco Bay Area starting with home insulation, and expanding to energy efficiency and solar generation. Today Synergy Companies has offices in the Hayward and San Leandro in the East Bay; Sacramento, Lodi, and Fresno in the Central Valley; and Riverside County and San Diego in Southern California. We now offer a host of home energy management products and services including home energy audits; attic, wall, and floor insulation; insulation removal; whole house fans and attic fans; heating and air conditioning services; air sealing and weatherization; and photovoltaic solar panel installations.
Call us at (800) 429-9610 to learn more or schedule an appointment.