Zero Entry Cost SOLAR for Commercial Real Estate Using PACE (Property Assessed Clean Energy).
Benefits include:
- 100% financing in PACE loan up to 20 years
- Zero costs up-front as all application fees are paid by Texas MicroGRIDS.com
- Loan-debt service is added to property tax bill or billed separately by tax office
- PACE Assessment is assumed and non-qualifying on a subsequent sale of property
- Cost can be passed through to tenants via Triple-Nets (NNN)
- Solar Electric System installation
- and many more
The Texas PACE Authority administers an innovative financing program that enables commercial, industrial and multi-family (5+) property owners to obtain low-cost, long-term loans covering up to 100% of energy efficiency and renewable energy project costs. The loan's debt service is paid back through your property taxes over a period of 5 to 20 years.
Texas MicroGRIDS will work with you to:
- take you through steps of the PACE qualification process
- design and install your Solar Electricity System and Energy Efficiency upgrades
- consult and install LED lighting
- consult on retro-fitting to qualified improvements and options
- turn-key PACE Project Development . . . just say 'GO' . . . we do the rest!
Your PACE loan assessment can include:
- legal and consulting fees, cost of materials and labor for the qualified improvement
- all inspection fees, lender fees, administrative, development, engineering fees
- independent third-party reviewer audit fees, including verification fees
- any other fees or costs that may be incurred by the property owner incidental to the installation, modification, improvement or changes to
existing property.
If you have questions, please contact Virginia Palmer, 512.692.9136, virginia@MVGreenPower.com
For Seminar and workshop speakers, please go to the Central Texas Chapter home
page