WRCOG Commercial PACE Program


Property Assessed Clean Energy (PACE) programs offer property owners financing options for energy efficiency, water conservation, and seismic strengthening improvements.

C-PACE Benefits

  • Funding for up to 20% of the construction costs

  • Financing is tied to the property

  • New construction is eligible for up to 30-year financing terms

  • Refinancing look back option

    • PACE can be used to refinance previously installed eligible products, going back 3 years

  • On average, lower interest rate than other mezzanine financing

  • No upfront costs

  • Frees up equity

Eligible Improvements

  • Renewable Energy Systems

  • Water conservation/efficiency

  • Energy efficiency

    • HVAC, windows, roof, lighting, automated controls

  • Seismic strengthening

  • Fire hardening

  • Approved custom eligible products

    • Energy management systems, battery storage, electric vehicle charging

Property Eligibility

  • Property cannot be in default

  • Property must be current on property taxes

  • Total financed amount must not exceed 20-35% of the property market value *Limitations are dependent upon the provider

  • Annual property tax and assessments cannot exceed 5% of the property's market value

For more information, you may reach out by email to pace@wrcog.us or by phone to (951) 405-6731.