Property Assessed Clean Energy (PACE) program

The Margate City Commission unanimously voted in favor of supporting Property Assessed Clean Energy (PACE) programs that would assist Margate property owners with financing for energy efficiency, wind resistance and renewable energy upgrades to their homes. PACE programs allow a property owner to make certain improvements, such as roof replacement, installing solar panels, tank-less water heaters, hurricane proof windows and any other storm safety repairs or improvements to their property and finance the costs by placing them on the property tax roll as a special assessment for that property. The property owner then pays off the special assessment over time, together with their property taxes. 

PACE financing helps property owners overcome the barrier of high up-front costs, and thus encourage the installation of renewable-energy equipment and other improvements that would increase energy efficiency and wind resistance.

The PACE programs available in Margate are:

PACE District

Program

Contact Info

Notes

Clean Energy Green Corridor

Ygrene

https://ygrene.com/

866-634-1358

Residential and Commercial

Florida Green Finance Authority

Renew Financial

https://renewfinancial.com/

844-736-3934

Residential and Commercial


Florida Pace Funding District

AllianceNRG Program

https://www.alliancenrg.com/retail/

(855) 509-9922

Residential Only

CounterpointeSRE

https://counterpointesre.com/programs-commercial

(855) 431-4400

Commercial Only












Florida Resiliency Energy District (FRED)

PACEfunding LLC

www.pacefunding.com

844-USE-PACE

Residential Only

Renovate America

www.renovateamerica.com

877-747-4889

Residential Only

Berkadia

www.berkadia.com

646-600-7800

Commercial Only

CLEANFUND

www.cleanfund.com

833-2CF-PACE

Commercial Only

Dividend Finance

www.dividendfinance.com

415-805-7000

Commercial Only

Greenworks Lending

www.greenworkslending.com

917-968-0948

Commercial Only

Lever Energy Capital

www.leverenergycapital.com

303-390-1655

Commercial Only

Rahill

www.rahillcapital.com

314-325-4631

Commercial Only

Twain Financial

www.twainfinancial.com/what-we-do/investing/pace-financing

314-300-4196

Commercial Only

Click here for answers to frequently asked questions about the PACE program.

For information about the City's participation, please contact Aaron Tauber, Sustainability Coordinator, at (954) 972-0828.