Pace Solar Program Florida

Pace is an innovative form of financing that offers a range of benefits not available through traditional financing options.

Pace solar program florida.

Florida pace simplifies the home improvement financing process. The unique characteristic of pace assessments is that the assessment is attached to the property rather than an individual. Pace enabling legislation is active in 37 states plus d c and pace programs are now active launched and operating in 24 states plus d c. The florida pace program is authorized by florida statute 163 01 7 g.

Solar is for all floridians you don t need to be rich or connected to take advantage of solar power because the pace program brings solar to everyone in florida. Residential pace is currently offered in california florida and missouri. Solar energy is florida s largest energy resource and even using current technology it would be possible for solar to provide 100 of florida s energy needs. Pace programs allow a property owner to finance the up front cost of energy or other eligible improvements on a property and then pay the costs back over time through a voluntary assessment.

It was created to facilitate and finance energy efficiency projects renewable energy projects and or wind hardening projects for residents organizations institutions and businesses in participating municipalities in florida as authorized by florida statute 163 08. The 26 solar tax credit known formally as the investment tax credit itc allows tax paying homeowners to claim 26 of their solar system s cost as a deduction on their income taxes. Property assessed clean energy pace program florida what is the 26 solar tax credut. View recent pace developments.

Hundreds of projects qualify.