Solar Pays Off for Commercial Property Owners!
Financing Available with Commercial PACE
The City of Milwaukee’s Commercial Property Assessed Clean Energy (PACE) funding helps commercial property owners affordably finance energy efficiency, water efficiency, and renewable energy upgrades (including solar!) in their buildings. This public-private partnership leverages private capital to supply upfront funding for the improvements and collects payments through a voluntary municipal special charge (City Ordinance 304-26.5). The special charge is attached to the property, not the owner, and is paid back through the property tax system over time. Projects are designed so that the annual energy and other savings pay for the special charge, providing a net positive cash flow.
Visit the City's PACE website for more information and next steps!