What Are Qualifying Improvements? | Florida P.A.C.E Program
The types of projects PACE financing may fund are referred to as “qualifying improvements.” A local government may only offer PACE financing for projects included in the statutory definition of qualifying improvements.
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WHY FINANCE YOUR PROJECT THROUGH FLORIDA P.A.C.E PROGRAM?
“...feel confident in your decision to partner with Florida P.A.C.E Program and your ability to pay back your finance project over time at a fixed rate...”
✔️ Increase the safety of your home
✔️ Stay in good standing with your insurance provider
✔️ Increase the value of your home
✔️ Save money by investing in repairs that prevent future, potentially bigger issues
✔️ Feel confident in your decision to partner with PACE and your ability to pay back your financed project over time at a fixed rate
🌴 FLORIDA PACE PROGRAM (Property Accessed Clean Energy) | The types of projects PACE financing may fund are referred to as “qualifying improvements.” A local government may only offer PACE financing for projects included in the statutory definition of qualifying improvements. As provided in current law, qualifying improvements include the following:
🌐 FLORIDA STATE SENATE
Energy conservation and efficiency improvements, including, but not limited to:
✔️ Air sealing; ✔️ Installation of Insulation ✔️ Installation of energy efficient HVAC systems ✔️ Building modifications which increase the use of daylight ✔️ Replacement of windows ✔️ Installation of energy controls or energy recovery systems ✔️ Installation of electric vehicle charging equipment ✔️ Installation of efficient lighting equipment
♻️ RENEWABLE ENERGY IMPROVEMENTS
DID YOU KNOW | “Biomass has the biggest contribution with 50%, followed by hydroelectricity at 26% and wind power at 18%.
Renewable energy improvements, which means installation of any system in which the electrical, mechanical, or thermal energy is produced from a method utilizing hydrogen, solar energy, geothermal energy, bioenergy, or wind energy.
♻️ WIND RESISTANCE IMPROVEMENTS
Wind resistance improvements, to include:
✔️ Improving the strength of the roof deck attachment;
✔️ Creating a secondary water barrier to prevent water intrusion;
✔️ Installing wind-resistant shingles;
✔️ Installing gable-end bracing;
✔️ Reinforcing roof-to-wall connections;
✔️ Installing storm shutters; and
✔️ Installing opening protections.
🏆 Here at EcoPace we thrive as a family, always putting our best foot forward to preserve the environment. We have a range of products and services that cater to your everyday needs whilst still respecting environmental regulations & Florida PACE Program. In addition, we offer our clients comprehensive support and advice on how they can improve their green practices. Our team is dedicated to providing an excellent service and aim to make a real difference in this fight against climate change.
We hope that you will consider using our services and products to help make a difference.
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