What is PACE?
Property Assessed Clean Energy is a financing mechanism for property owners to pay for energy efficiency and renewable energy measures, as authorized by Missouri state statute. PACE financing is all private capital, with no taxpayer funds. The financing is repaid with an annual assessment on the property. PACE lenders can offer 100% upfront financing for eligible improvements through fixed-rate loans for up to 20 years. Key requirement: benefits of the project (i.e. energy savings, O&M savings, and avoided cost of capital) must exceed cost of the measures.
PACE Projects By the Numbers
Services
Show Me PACE is an open market program that welcomes multiple funding originators. Our administrator, Missouri Energy Initiative, oversees the Open Market Commercial PACE program, which connects you with more than 20 capital providers to compete to serve Missouri-based businesses, providing lower costs and more efficient services.
Commercial
Click here to access the open market C-PACE (Lenders, Guidelines, and Contractors)
About Us
Property Assessed Clean Energy (PACE) is a financing mechanism for property owners to pay for energy efficiency and renewable energy measures as authorized by Missouri state statute. PACE financing is all private capital, with no taxpayer funds. The financing is repaid with an annual assessment on the property. Show Me PACE lenders offer 100% upfront financing for eligible improvements through fixed-rate loans for up to 20 years. Key requirement: benefits of the project (i.e. energy savings, O&M savings, and avoided cost of capital) must exceed the cost of the measures.
