![CDATA[ [if IE 9] ]]>
On Tuesday, September 15, 2015, the Board of Supervisors will discuss the adoption of resolutions that would make available to county residents Property Assessed Clean Energy (PACE) programs. PACE provides 100% upfront financing to residential, commercial, industrial and agricultural property owners who voluntarily enter into financing agreements for a wide range of eligible property improvements, such as energy efficiency projects, water conservation improvements, electric vehicle charging stations and renewable electricity generation installations. Loan repayment is made through an owner's property taxes with repayment terms ranging from 5 to 30 years. PACE liens run with the property, and not with the owner. Remaining repayments may also be passed on to a new property owner when the property is sold before the PACE financing is paid in full and when the new lender agrees.
The PACE programs are not County run programs, but rather are operated by outside entities.
For more information and meeting details, view the Board of Supervisors Agenda at https://eldorado.legistar.com/Calendar.aspx, or call the Economic Development Division at (530) 621-5595.