California Enterprise Development Authority (Figtree PACE) - Statewide PACE Program (California)
Last modified on December 17, 2014.
Financial Incentive Program
|Name||California Enterprise Development Authority (Figtree PACE) - Statewide PACE Program|
|Incentive Type||PACE Financing|
|Applicable Sector||Commercial, Residential|
|Eligible Technologies||Water Heaters, Lighting, Lighting Controls/Sensors, Chillers, Furnaces, Boilers, Heat pumps, Central Air conditioners, Steam-system upgrades, Programmable Thermostats, Duct/Air sealing, Building Insulation, Doors, Motor-ASDs/VSDs, Solar Water Heat, Photovoltaics, Wind, Fuel Cells, Geothermal Heat Pumps, Pool Pumps, Tankless Water Heaters|
|Energy Category||Renewable Energy Incentive Programs, Energy Efficiency Incentive Programs|
|Terms|| Minimum Financing: 5,000|
Interest Rate: Up to 7.99%, fixed over useful life of improvements, up to 20 years.
|Program Administrator||FIGTREE Energy Financing|
|Date added to DSIRE||2013-02-27|
|Last DSIRE Review||2013-02-27|
|References||DSIREDatabase of State Incentives for Renewables and Efficiency|
FIGTREE Energy Financing is administering a Property Assessed Clean Energy (PACE) financing program in a number of California cities and counties through a partnership with the Pacific Housing & Finance Agency (PHFA) and the California Enterprise Development Authority (CEDA). PACE programs allow property owners to borrow money for energy improvement projects which are repaid through their property taxes. A number of energy efficiency and renewable energy technologies can be financed through FIGTREE's PACE program. Residential and commercial properties which meet the program's criteria, and are located in one of the participating cities or counties are eligible. Full details of the program and a list of the participating cities and counties are available at the web site above.
|Contact Name||FIGTREE Energy Resource Company|
|Address||9915 Mira Mesa Boulevard, Suite 130|
|Place||San Diego, California|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.