How do contractors benefit?
PACE provides up to 100% financing for energy, water, and clean energy building improvements. A previously untapped demand for building upgrades is now being met with this financing vehicle. As a result, PACE can unlock business opportunities for contractors and other related trades such as energy engineers and manufacturers for the commercial, industrial, and agricultural sectors. In states where PACE is active, contractors certified to work on PACE projects have experienced a surge in customers looking to reduce operating expenses and pay for capital expenditures that would otherwise proved to costly.