EFFICIENT FINANCING
FOR BUILDING EFFICIENCY.

EFFICIENT FINANCING
FOR BUILDING EFFICIENCY.

Start Exploring!

PACE Opportunities

CONTRACTORS >
CONTRACTORS >
PROPERTY OWNERS >
PROPERTY OWNERS >
MORTGAGE HOLDERS >
MORTGAGE HOLDERS >

OHIO PACE Financing

Designed for energy-efficiency improvements to Ohio’s commercial properties, PACE’s no down payment, extended-term financing allows for the potential to increase property value, reduce energy costs, and pass-though costs while generating positive cash flow.

Contact Us to Get Started

How it Works

PACE Financing is a financing method with great benefits, made just for investements in energy efficiency to commercial properties.

Watch our video to learn more

OHIO PACE Funding Process

  • List

    Initial Eligibility Form

    The property owner completes a brief form at OHPACE.org to help PACE determine if the property and potential energy project is eligible for OHIO PACE financing.

  • List

    Energy Project Summary Form

    The property owner works with a OHIO PACE registered contractor to identify eligible energy saving improvements and quantify the energy savings. This form is submitted with the Energy Project Application.

  • List

    Energy Project Application

    The application allows the property owner to provide essential financial documentation about the property and its operating status. OHIO PACE provides the information to its network of registered capital providers to obtain PACE financing terms for the owner. NOTE: The property owner must obtain written consent from the existing mortgage holder before a PACE special assessment can be added to the property’s tax bill.

  • List

    Funding

    The property owner agrees to financing terms and then the PACE special assessment is added to the property’s tax bill. After the OHIO PACE financial closing occurs, the funding will be available for the eligible energy saving improvements.

  • List

    Installation

    The registered contractor completes the installation of the authorized energy saving improvements. OHIO PACE ensures all improvements are installed to the satisfaction of the property owner.

Check Eligibility

“PACE financing is modeled as part of the capital stack for every project we develop.”
Dan Neyer PRESIDENT, NEYER PROPERTIES
Dan Neyer

Potential PACE Benefits:

  • NO DOWN PAYMENT
  • OFF BALANCE SHEET TREATMENT
  • NO PERSONAL GUARANTEE
  • LEASE PASS THROUGH
  • FIXED RATE & FIXED PAYMENT
  • 15-25 YEAR EXTENDED TERM

Check Eligibility

ABOUT OHIO PACE

OHIO PACE is a program available to commercial, industrial, and multi-family building owners across Ohio. PACE provides access to low-cost, extended term capital to finance energy efficiency improvements. OHIO PACE is a program of the Energy Alliance.