California Enterprise Development Authority (Figtree PACE) - Statewide PACE Program

September 14, 2021

Summary

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.

This program is now inactive but continues to serve existing members/customers.

Program Overview

Implementing Sector:	Local
Category:	Financial Incentive
State:	California
Incentive Type:	PACE Financing
Web Site:
Administrator:	FIGTREE Energy Financing
Start Date:
Eligible Renewable/Other Technologies:	Solar Water Heat Solar Photovoltaics Wind (All) Geothermal Heat Pumps Fuel Cells using Non-Renewable Fuels Water Heaters Lighting Lighting Controls/Sensors Chillers Furnaces Boilers Heat pumps Air conditioners Steam-system upgrades Programmable Thermostats Duct/Air sealing Building Insulation Doors Motor VFDs Wind (Small) Pool Pumps Tankless Water Heater Commercial Refrigeration Equipment
Terms:	Minimum Financing: $5,000 Interest Rate: Up to 7.99%, fixed over useful life of improvements, up to 20 years.

Contact

Name:	FIGTREE Energy Resource Company
Address:	9915 Mira Mesa Boulevard, Suite 130 San Diego CA 92131
Phone:	(877) 577-7373

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.