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California

California

Incentives/Policies for Renewables & Efficiency

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

Last DSIRE Review: 02/27/2013
Program Overview:
State: California
Incentive Type: PACE Financing
Eligible Efficiency Technologies: Water Heaters, Lighting, Lighting Controls/Sensors, Chillers , Furnaces , Boilers, Heat pumps, Central Air conditioners, Steam-system upgrades, Programmable Thermostats, Duct/Air sealing, Building Insulation, Doors, Motor VFDs, Pool Pumps, Commercial Refrigeration Equipment
Eligible Renewable/Other Technologies: Solar Water Heat, Photovoltaics, Wind, Fuel Cells, Geothermal Heat Pumps
Applicable Sectors: Commercial, Residential
Terms:Minimum Financing: $5,000
Interest Rate: Up to 7.99%, fixed over useful life of improvements, up to 20 years.
Web Site: http://www.figtreecompany.com/
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. 


 
Contact:
  FIGTREE Energy Resource Company
9915 Mira Mesa Boulevard, Suite 130
San Diego, CA 92131
Phone: (877) 577-7373
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.

Copyright 2013 - 2014 North Carolina State University, under NREL Subcontract No. XEU-0-99515-01. Permission granted only for personal or educational use, or for use by or on behalf of the U.S. government. North Carolina State University prohibits the unauthorized display, reproduction, sale, and/or distribution of all or portions of the content of the Database of State Incentives for Renewables and Efficiency (DSIRE) without prior, written consent.