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Go Green Boynton Beach!

Mayor Hay signing Mayors' Climate Action Pledge 2012 FCCMA Award for Program Excellence Mayor Hay accepted Sustainable Florida Best Practices Award
On 12/7/12, Mayor Hay signed Mayors’ Climate Action Pledge along with other Mayors from Monroe, Miami-Dade, Broward and Palm Beach counties... read media release.
City Manager Lori LaVerriere (right) and Assistant City Manger Carisse LeJeune (center) accepted 2012 FCCMA Award for Climate Action Plan as Best Practice for local government.
Mayor Woodrow Hay accepted the 2012 Sustainable Florida Best Practices Award for Seabourn Cove Project.

PACE

The City of Boynton Beach is a proud supporter of PACE (Property Assessed Clean Energy), a program that offers financing for energy efficiency, renewable energy, and water conservation upgrades with little or no upfront costs to eligible residential and commercial building owners. PACE supports the City’s Economic Development Program and Climate Action Plan through improving structure values, business opportunities, energy efficiency, financial flexibility, water conservation, and environmental conditions. PACE allows financing for new heating and cooling systems, water heaters, insulated windows and doors, efficient roofing, solar panels, lighting improvements, storm shutters, water pumps, insulation, and more for almost any property – homes, commercial, industrial, non-profit, and agricultural.

Under Section 163.01 of the Florida State Statutes, local governments may enter into interlocal agreements for their mutual benefits and allow for the creation of a separate legal or administrative entity to carry out the purposes of an interlocal agreement, such as PACE programs. For example, PACE will completely finance a project and is repaid over a period of up to 20 years through a non-ad-valorem assessment that is added to the property’s annual tax bill and remains with the property until it is sold.

Owner Benefits for Residential Dwellings

Energy efficiency is the least expensive energy we can buy. PACE in an effective financing tool because it:

  • Covers 100% of a home upgrade project
  • Results in savings from day one
  • Helps lower electric, gas and/or water utility bills
  • Results in more comfortable buildings and improved indoor air quality
  • Lowers carbon footprint and improves the environment

Owner Benefits for Commercial Buildings

Momentum is building across the U.S. for commercial PACE programs that drive energy efficiency, renewable energy, and in some places, water conservation measures. Real estate owners choose PACE financing because it:

  • Covers 100% up front financing, including project development costs
  • Provides long-term funding and results in immediate benefit to cash flow
  • Solves split incentives by passing payments to tenants
  • Increases building value and marketability
  • Offers a range of accounting treatments

PACE Providers

Our goal is to offer property owners with a consumer choice of PACE providers. The City of Boynton Beach has entered into non-exclusive agreements with four PACE providers:

Green Corridor
815 5th St
Santa Rosa, CA 95404
(855) 965-7283
Email: info@ygreneworks.com
https://ygreneworks.com/
Renovate America
15073 Avenue of Science
San Diego, CA 92128
(877) 747-4889
Email: info@heroprogram.com
https://heroprogram.com/
Florida PACE Funding Agency
Residential (855) 509-9922
Commercial (855) 431-4400
Email: information@alliancenrg.com
https://www.alliancenrg.com/retail/
Florida Green Financing Authority
Renew Financial, Florida Office
Direct: (561) 317-0889
Email: nschneider@renewfinancial.com
https://renewfinancial.com/

Business Opportunities for Contractors

Contractors that specialize in qualified disciplines are encouraged to register with the programs so that financing is available to their consumers.

Questions

Please direct any questions about the PACE Program to (561) 742-6494.

 

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