Property Assessed Clean Energy Program

pace.jpgPleasant Hill is now part of the Property Assessed Clean Energy (PACE) program. PACE is a statewide program which allows property owners to fund energy efficiency, water efficiency and renewable energy projects with little or no up-front costs. With PACE, residential and commercial property owners living within Pleasant Hill can finance up to 100% of their project and pay it back over time as a voluntary property tax assessment through their existing property tax bill.

You can use the PACE program to finance energy and water efficient projects that can increase your property value, lower your monthly utility bills, and contribute to making Pleasant Hill more energy independent. Some of these upgrades include items such as:
  • Windows, Skylights, & Doors
  • Heating, Ventilation, & Air Conditioning
  • Solar Panels
  • Roofing & Insulation
  • Water Heating
  • Artificial Turf
  • Drought Tolerant Landscaping
  • Drip Irrigation
  • Electric Vehicle Charging Stations
For more information on the PACE program please visit our FAQ's page. There are three approve PACE providers in Pleasant Hill - HERO, CaliforniaFirst and FigTree Financing. Contact information and more detail on each provider is listed below:

HERO


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To find a HERO Registered Contractor in your area or to apply, call the HERO Hotline at 855-HERO-411 (855-437-6411) or visit www.heroprogram.com/PleasantHill

HERO PACE financing enables homeowners to make energy- and water-efficiency improvements and pay for them through their property tax bill. Property owners repay the assessment over 5 to 20 years and the interest is tax-deductible. Homeowners see immediate savings on utility bills. Given the State of California’s newly-adopted regulations aimed at reducing urban water consumption by 25%, PACE financing is a particularly appealing option for homeowners and municipalities.

California First


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CaliforniaFIRST is a public/private financing program that provides upfront funding for energy efficiency, renewable energy and water saving improvements for your home. Simply apply, complete your projects and repay the financed amount on your property taxes over the course of up to 25 years. CaliforniaFIRST allows you to save money and energy — benefiting both you and your community.

Why choose California First?

  • 100% financing. No out-of-pocket costs
  • Borrow up to 15% of property value
  • Flexible repayment terms: 5, 10, 15, 20 or 25 years
  • May add value to property
  • Fast in-home approvals
  • No prepayment penalty and free re-amortization
  • Balance may transfer to new owner upon sale
  • Financed amount won’t appear on credit report
  • NO impact on future debt-to-income ratio
Contact CaliforniaFirst at https://californiafirst.org/ or call 888-996-3755
 

FigTree Financing


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What is Figtree OnDemandPACE™ Financing?

Property Assessed Clean Energy (PACE) Financing allows up to 20% of a property’s value to be financed for energy efficiency, renewable energy, or water conservation upgrades. The financing creates an assessment lien on the property and is repaid as semi-annual installments on the property tax bill.

  • No money required upfront: preserve cash for future projects
  • Fixed low interest rates: payments are constant for the life the lien
  • Long term financing: up to 20 years based on the useful life of the improvement
  • Qualifying based on property: no business credit or personal guarantee required
  • Get tax incentives and rebates: property owner owns the equipment and keeps incentives
  • Contact FigTree at http://www.figtreefinancing.com/