Miami-Dade County - Voluntary Energy Efficiency and Renewable Energy Program (Florida)
Last modified on February 12, 2015.
Financial Incentive Program
|Name||Miami-Dade County - Voluntary Energy Efficiency and Renewable Energy Program|
|Incentive Type||PACE Financing|
|Applicable Sector||Commercial, Residential|
|Eligible Technologies||Lighting, Lighting Controls/Sensors, Chillers, Furnaces, Boilers, Heat pumps, Central Air conditioners, Heat recovery, Energy Mgmt. Systems/Building Controls, Duct/Air sealing, Building Insulation, Windows, Custom/Others pending approval, Passive Solar Space Heat, Solar Water Heat, Solar Space Heat, Solar Thermal Electric, Photovoltaics, Wind, Biomass, Hydrogen, Daylighting, Yes; specific technologies not identified|
|Energy Category||Renewable Energy Incentive Programs, Energy Efficiency Incentive Programs|
|Terms|| Maximum loan: 10% of just value of the property (exceptions may apply)|
Maximum term length: 20 years
|Program Administrator||Miami-Dade County|
|References||DSIREDatabase of State Incentives for Renewables and Efficiency|
In November 2010, the Miami-Dade County Board of County Commissioners adopted Ordinance No. 10-78, creating the Voluntary Energy Efficiency and Renewable Energy Program. The program provides financing assistance for residential and commercial property owners of property located in Miami-Dade County. In order to participate in the program, the applicant must be the legal owner of the property on which the improvements will be made. In addition, the applicant must be current on any mortgage and cannot be in bankruptcy. The property may not be an asset in any bankruptcy proceeding and cannot have any federal income tax lien, judgment lien, construction lien, or similar. All property taxes must be paid and not have been delinquent for the previous three years (or the property owner's period of ownership, if less than three years).
Applications must be submitted to the county and must include a cost estimate for the installations completed by a certified contractor. The property owner must agree to a non-ad valorem assessment in order to secure a loan as part of the program. Loans are limited to 10% of the just value of the property unless the mortgage holder agrees to a higher financing amount, or the energy audit shows that the annual energy savings from the improvements would equal or exceed the annual repayment of loan. The repayment term may not exceed 20 years.
Authorities (Please contact the if there are any file problems.)
|Authority 1:||Code of Miami-Dade County Sec. 2-2079 et seq.|
|Authority 2:||Resolution No. R-143-10|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.