Frequently Asked Questions
Below you will find information that might help you understand how to find things or learn about information you might need to know about your city or town.
Daly City's Green Vision - Financing Programs - PACE
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Daly City's Green Vision - Financing Programs - PACE
PACE, or Property Assessed Clean Energy, is an affordable, long-term financing option for energy, water, and renewable energy upgrades to buildings and homes that you can repay on your property taxes over a time period of up to 20 years. And, this special assessment on your property tax bill remains with the property in the event of a sale. Property owners receive 100% financing of improvement costs and projects can be cash-flow positive from day one. No up-front cash investment is required.
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Daly City's Green Vision - Financing Programs - PACE
Property Assessed Clean Energy (PACE) is available to both residential and commercial properties. Residential properties are detached single-family homes (condos are eligible under special conditions). Commercial properties include:
- Apartment Buildings
- Commercial Offices
- Faith-Based Buildings
- Hotels
- Industrial Facilities
- Nonprofits
- Retail/Restaurants
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Daly City's Green Vision - Financing Programs - PACE
Currently, there is one approved property Assessed Clean Energy (PACE) provider in Daly City; CaliforniaFIRST. Please check back with us for updates on new PACE offerings.
Residential Homeowners
- Visit the CaliforniaFIRST website or call 844-736-3934.
- The HERO Program was discontinued in 2023 due to borrower nonpayment.
For Commercial Property Owners / Manager
- Visit the CaliforniaFIRST Commercial Program website or call 844-736-3934.
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Daly City's Green Vision - Financing Programs - PACE
Yes, you are encouraged to combine Property Assessed Clean Energy (PACE) with cash rebates! PACE is a great financing option for homeowners and multifamily property owners (5 plus units) interested in cash rebates and free technical assistance for energy upgrades through the Bay Area Regional Energy Network (BayREN). Single-family homeowners can use PACE to finance a home energy upgrade through Energy Upgrade California’s Home Upgrade program. Multifamily property owners can use PACE to finance energy upgrades through the Bay Area Multifamily Building Enhancement Program.
Rebates
Improvements eligible for rebates include:
- Air Conditioners
- Air Sealing
- Duct Sealing
- Energy-Efficient Windows
- High-Efficiency Furnaces
- Insulation
- Water Heaters and more
Email Stephen Stolte, Sustainability Coordinator, or 650-991-8126 for more information.