Guide to PACE Financing in Florida: Boost Your Property’s Value

pace financing

In the realm of property improvement and energy efficiency upgrades, PACE (Property Assessed Clean Energy) financing has emerged as a valuable tool, particularly in sunny Florida. This guide aims to illuminate the benefits, process, and considerations associated with PACE financing in the Sunshine State, helping property owners harness its potential to enhance property values while promoting sustainable living.

What is PACE Financing?

PACE financing is a mechanism that allows property owners to finance energy efficiency, renewable energy, and hurricane protection improvements through a special assessment on their property tax bills. In Florida, PACE programs are designed to provide accessible funding for projects that enhance property resilience and energy efficiency, thus reducing long-term utility costs and environmental impact.

Benefits of PACE Financing

  1. Improved Property Value: By investing in energy-efficient upgrades and hurricane protection measures, property values can increase significantly. Florida’s PACE programs enable property owners to make these enhancements without upfront costs, spreading payments over extended periods.
  2. Cost Savings on Utilities: Energy-efficient upgrades funded through PACE financing can lead to substantial savings on utility bills. In Florida’s climate, where air conditioning costs can be significant, improvements such as solar panels, efficient HVAC systems, and insulation can result in noticeable reductions in monthly expenses.
  3. Environmental Impact: PACE financing encourages the adoption of sustainable practices by supporting renewable energy installations and energy-efficient technologies. This not only benefits individual property owners but also contributes to broader environmental conservation efforts in Florida.

How PACE Financing Works in Florida

In Florida, PACE programs are administered at the local level by authorized providers. Key aspects of how PACE financing works include:

Steps to Obtain PACE Financing

  1. Evaluate Eligibility: Determine if your property and planned improvements qualify under the local PACE program.
  2. Select a Provider: Choose an authorized PACE provider in Florida who can facilitate the financing process.
  3. Submit Application: Complete the application process, which typically involves providing details about the project and your property.
  4. Approval and Funding: Upon approval, funds are disbursed directly to the contractor, and the project can commence.

Considerations Before Opting for PACE Financing


PACE financing in Florida represents a strategic opportunity for property owners to enhance property values, reduce utility costs, and contribute to environmental sustainability. By leveraging PACE programs effectively, residents can transform their properties into more efficient, resilient, and valuable assets in the dynamic Florida real estate market.

Whether you’re considering solar panels to harness Florida’s abundant sunshine or upgrading to hurricane-resistant windows, PACE financing provides a pathway to achieving these goals without immediate financial strain. As you embark on this journey, consult with local PACE providers and weigh the benefits against your property improvement objectives to make an informed decision that aligns with your long-term interests.



  1. Can PACE financing be used for commercial properties in Florida? Yes, PACE financing is available for both residential and commercial properties in Florida, subject to program-specific guidelines.
  2. What happens if I sell my property with an existing PACE assessment? PACE assessments typically stay with the property, so the new owner would inherit the obligation to repay the remaining balance through their property tax bill.
  3. Are there tax incentives or rebates available for PACE projects in Florida? Yes, depending on the type of improvement, there may be federal or state incentives available to further offset the costs of PACE-funded projects.

By following this comprehensive guide to PACE financing in Florida, you’re poised to make informed decisions that not only enhance your property’s value and efficiency but also contribute to a sustainable future in the Sunshine State. For personalized advice and to explore specific opportunities in your area, reach out to local PACE providers and start transforming your property today.

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