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PACE Program What It Means?

Novel Remodeling began helping homeowners remodel and go energy efficient with the help of the PACE Programs that are available to homeowners. Most homeowners might be confused as to how it works and we take the time to explain the basics and allow our clients to make the choice that’s best suited to financing their home improvement project.

What is the PACE Energy Program?

PACE Energy Program is a means of financing energy efficiency upgrades or renewable energy installations for residential, commercial and industrial property owners. It is directly connected to homeowner’s property, is bound to the property. Novel Remodeling ensures that homeowners understand that it is not a discount program, nor does it provide free products or services for them. It is only a method of financing which helps homeowners avoid putting upfront a substantial amount of money to begin the project. This is also not a government program.

Cancellation and Discrimination

The PACE Energy Program complies with local, state, and federal regulations. It also provides a timeframe for cancellation which can be determined by the program you choose yourself. Novel Remodeling works with several PACE Energy Programs and each have their own set of rules. Our clients are made aware to do their own due diligence and choose a program that makes sense for them, or pay for it entirely on their own. The programs available are equal opportunity for all homeowners based off factors none associated with race, ethnicity or any other discriminatory factors.

What’s the Catch?

The PACE Energy Program is a clever way to finance a home improvement project that meets certain guidelines. What makes PACE Energy Program different is its capability to bind itself to your property and is something to consider when selling your home. It can be assessed and transferred to the new property owner once the property is sold. Also, financial obligations are attached to your property taxes and should be considered prior to agreeing for funding. Certain projects can be tax deductible but we refer our clients to speak to a tax professional to answer any questions regarding deductions as every situation is different.

Truth of the matter is that Novel Remodeling provides the workmanship without any meddling in the financing part of the project. Our representatives refer clients to PACE Energy Programs as a means to start the project if they are eligible. For your free estimate, please contact (855) 456-6835