PACE vs. Other Solar Financing

    • PACE

    • Commercial & Residential Project Funding


      • checkmarkNo Credit Check Required

      • checkmarkNo Personal Guarantee Required

      • checkmarkNo Income Check Required

      • checkmarkNo Down Payment Required

      • checkmarkPotentially create a cash flow positive position from day one

      • checkmarkKeep and receive financial benefits from rebates

      • checkmarkKeep and receive financial benefits from solar tax credits

      • checkmarkPermanently add financial value and ecological benefits to property

      • checkmarkMinimize the financial impact of future electrical rate increases

      • checkmarkPurchase many different energy efficient upgrades with solar system

      • checkmarkMake payments on your annual property tax bill rather than each month

      • checkmarkIf property is sold, financed amount becomes responsibility of new owner

    • Learn More
    • Traditional

    • Typical Financing


      • red-xPersonal Credit Check Required

      • red-xPersonal Guarantee Required

      • red-xPersonal Income Check Required

      • red-xDown Payment Required

      • checkmarkPotentially create a cash flow positive position from day one

      • checkmarkKeep and receive financial benefits from rebates

      • checkmarkKeep and receive financial benefits from solar tax credits

      • checkmarkPermanently add financial value and ecological benefits to property

      • checkmarkMinimize the financial impact of future electrical rate increases

      • checkmarkPurchase many different energy efficient upgrades with solar system

      • red-xMust make monthly payments unlike PACE financing 2x per year or personal credit is damaged

      • red-xIf property is sold, financed amount is still your responsibility

    • Learn More
    • Solar PPA

    • Solar Power Purchase Agreement


      • red-xPersonal Credit Check Required

      • red-xPersonal Guarantee Required

      • red-xPersonal Income Check Required

      • checkmarkNo Down Payment Required

      • red-xCannot create a cash flow positive position from day one

      • red-xCannot receive financial benefits from rebates

      • red-xCannot receive financial benefits from solar tax credits

      • checkmarkPermanently add financial value and ecological benefits to property

      • checkmarkMinimize the financial impact of future electrical rate increases

      • red-xCannot purchase different energy efficient upgrades with solar system

      • red-xMust make monthly payments unlike PACE financing 2x per year or personal credit is damaged

      • red-xIf property is sold, new owner must qualify for financing or system is removed

    • Learn More
    • Solar Lease

    • Not Always Available

      • red-xPersonal Credit Check Required

      • red-xPersonal Guarantee Required

      • red-xIncome Check Required

      • red-xDeposit Usually Required

      • checkmarkCannot create a positive cash flow position

      • checkmarkCannot receive financial benefits from rebates

      • checkmarkCannot receive financial benefits from tax credits

      • checkmarkDoes not permanently add financial value and ecological benefits to property

      • checkmarkMinimize the financial impact of future electric rate increases

      • checkmarkCannot purchase different energy efficient items, only solar system

      • checkmarkMake monthly payments or damage credit unlike PACE, which is only 2x per year

      • checkmarkIf property is sold, remaining finance amount becomes due and payable; your responsibility

    • Learn More