What is PACE?

Florida PACE Funding

PACE is a program originally created by Benjamin Franklin to fund firehouses. Today PACE is used as a way to help reduce or eliminate risk for homeowners and business owners looking to make their home or business more energy efficient and increase wind protection with roof replacements, wind mitigation, windows, doors, skylights, sun tunnels, solar tubes, and PV (photovoltaic) and Thermal Hot Water Solar. After applying for funding, you may use a PACE approved contractor, and have the home improvements made to your home. The project is basically financed through your property taxes, so if you move before the cost of your home improvement project is paid off, the cost is transferred to the new owners.

Not based on credit score, fixed interest rates and financing can be extended up to 30 years. 

Right now Clay, Flagler, Nassau, Osceola County (Commercial Only) and Pasco Counties have been approved as well as specific cities to include Kissimmee, Orlando and Winter Park, but many more are on their way! Check with us to see when your county is approved and contact us for a free estimate if your county has been approved. Collis Roofing is an approved Florida PACE contractor.

Collis Roofing is an Official Florida PACE Contractor and YGreene Certified Contractor.

YGreene is the funding company for the PACE program in Florida.

Collis Roofing PACE Funded Services:

PACE funding Collis Roofing financing
  • Commercial and Residential Properties
  • Insulation
  • Roof Replacement
  • Window and Door Installation
  • PV Solar Installation for Commercial Buildings

Residential Requirements for PACE

  • The assessed property value must be at least $50,000.
  • For individual residential properties, the Property Owner must not have had any bankruptcy in the past 7 years.
  • The property must not have or have had any environmental issues.
  • The property owner must provide a copy of their current property insurance declaration page.
  • Properties will be subject to a site visit.
  • The current proposed non ad valorem assessment plus other annual taxes/assessments must be less than or equal to 5% of the assessed property value.
  • The current ratio of the land to assessed value of the property must be less than or equal to 30%.
  • The current mortgage balance plus total PACE assessment must be less than or equal to 100% of the assessed value of the property.

Commercial Requirements for PACE

  • The assessed property value must be at least $250,000.
  • Principal Officers of the commercial business must individually not have been subject to bankruptcy or delinquencies/lien in the past 7 years.
  • A standard form letter will be sent to the Property Owner’s mortgage lender to provide mortgage balance and payment history for the past three (3) years. The Agency will provide the form letter for Property Owners to send to their mortgage lender.
  • A Dun and Bradstreet report will be generated to confirm that there have been no bankruptcies in the past 7 years. Property Owners will need to provide D&B number as well as the address of company associated with the D&B number.
  • The property must not be subject to any environmental issues. The Agency will require a copy of the latest Phase 1 environmental report on the property.
  • The Property Owner must provide a copy of their current property insurance declaration page.
  • Properties will be subject to a site visit.
  • The current proposed non ad valorem assessment plus other annual taxes/assessments must be less than or equal to 5% of the assessed property value.
  • The current ratio of the land to assessed value of the property must be less than or equal to 20%.
  • The current mortgage balance plus total PACE assessment must be less than or equal to 100% of the assessed value of the property.
  • The Property Owners will be required to provide additional documents to the Agency for review, including the following:
    • Financial statements for the past three (3) years;
    • Current corporate organizational chart;
    • Environmental questionnaire (provided);
    • Documentation on existing debt;
    • Property appraisal information;
    • Rent roll (if applicable);
    • Zoning information; and
    • Three (3) business references.

Sign Up for Florida PACE!

If you live in the Florida Counties with PACE, meet the Residential or Commercial Property Requirements, replacing a Roof, Windows, Door or want to add PV or Thermal Solar for Hot Water and Power for your Home or Business, then it's time to get started with Solar!

Collis Roofing is a PACE Authorized Contractor for Commercial, Residential, Energy Efficiency, Renewables and Wind Resistance!

First, contact Collis Roofing by calling 877-COLLIS1 or filling out the Contact Form for a Free Estimate!

Your estimator will help you with your application for PACE.