PACE LENDING  WITH RENEWFINANCIAL 

PACE or Property Assessed Clean Energy is a financing program that allows you to make home improvements with no money down. Financing is paid back over time as part of your property taxes and qualification is not based on your credit score. PACE features a fast and simple application process and  has on of the longest payment terms of up to 30 years.​​ PACE is also an ownership or purchase program. 

​

• 100% Financing with No Down Payment Required

  • ​The cost of eligible projects and products can be financed in their entirety, which eliminates the requirement to pay large out-of-pocket expenses upfront​.
     

• Long Repayment Terms

  • Repayment terms of up to 30 years for some projects, which leads to lower and more affordable payments​.
     

• PACE is Property-Based Financing

  • PACE is property-based financing secured by a lien on the property. As a result, the PACE assessment does not get reported as a credit obligation in your credit report.​
     

• No Minimum Credit Score Required

  • Your credit score does not have any bearing on qualification. However, you must have a history of paying your property taxes and mortgage debt against the property on time.
     

• No Pre-Payment Fees

  • The PACE assessment can be paid off at any
    time, or paid-down in increments of $2,500​

PPA WITH LIGHTREACH

PPA or Power Purchase Agreement is a Third Party Ownership solar energy program we offer through LightReach. PPA's provides homeowners a way to utilize significant solar savings without having to own the system. ​

​

• No Out of Pocket Cost or Down Payment Required

  • ​PPA program has no down payment required and all installation and equipment cost are covered by LightReach.
     

• Fixed Rate Escalator up to 25 Years

  • PPA programs set a fixed rate escalator up to 25 years between 0.99% - 2.99% per killowatt hour compared to the utilities ever increasing rates of 4% or more per year.
     

• System Purchase Option 

  • PPA allows for the homeowner to purchase the system 
    at year 5 of the program and is valued through an
    independent third party to ensure a fair market value
    of the system. 
     

• 100% System Coverage by LightReach

  • LightReach covers all system repairs and replacement
    if needed for the full life of the program. 

​​​

​