Western Riverside Council of Governments - Large Commercial PACE (California)

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Summary

Last modified on December 17, 2014.

Financial Incentive Program

Place California

Name Western Riverside Council of Governments - Large Commercial PACE
Incentive Type PACE Financing
Applicable Sector Commercial
Eligible Technologies Lighting, Furnaces, Boilers, Heat pumps, Central Air conditioners, Programmable Thermostats, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Roofs, Custom/Others pending approval, Solar Water Heat, Photovoltaics, Wind, Geothermal Heat Pumps, Pool Pumps, LED Lighting
Active Incentive Yes

Implementing Sector Local
Energy Category Renewable Energy Incentive Programs, Energy Efficiency Incentive Programs


























Terms Eligible products can be financed for 5, 10, 15, 20, or 25 years, depending on the useful life of the eligible product.

Minimum financing: 5,000
Maximum financing: 15% of the property's value. WRCOG Executive Committee approval is required for any project costs over 1,000,000.


Website http://www.herocommercial.com/
Date added to DSIRE 2012-05-22
Last DSIRE Review 2013-11-26



References DSIREDatabase of State Incentives for Renewables and Efficiency[1]


Summary

Western Riverside Council of Governments (WRCOG) is offering business owners in WRCOG participating jurisdictions an opportunity to finance energy and water efficiency projects for their commercial properties. The HERO Commercial Program is a Property Assessed Clean Energy (PACE) financing program. PACE programs allow businesses to finance energy improvements, and to repay the financing through special assessments on their property taxes.


Incentive Contact

Contact Name WRCOG HERO Commercial Program






Phone (855) 228-8224


Email wrcog@samascapital.com

Contact Name Mark Allan Aarvig
Department Samas Capital





Phone (909) 342-4414


Email maarvig@samascapital.com

     


  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency"