HOME IMPROVEMENTS
Projects That Qualify For Florida PACE Funding
If you’re a homeowner looking for a financial solution to expensive home improvement repairs, upgrades and replacements, Florida PACE might be right for you. PACE stands for Property Assessed Clean Energy — an energy conservation and hurricane protection funding agency that assists homeowners with expensive but necessary, property projects.
We work with both residential and commercial property owners to provide them with a financial payment plan they feel confident in because, at Florida PACE, we believe you should never feel pressured or rushed into the wrong financial decision.
Hundreds of projects qualify for Florida PACE funding, but we most commonly work with property owners looking to repair or replace HVAC, roofing, hurricane protection (such as shutters), windows, doors and more.
Explore home improvement projects that qualify for Florida PACE funding or find out if your project qualifies today.
HVAC Heating and Cooling
In Florida, a broken or malfunctioning air conditioning unit or related issue could be a nightmare. Choose from various PACE-funded HVAC home improvements, including central air conditioning, duct installation or replacement, duct sealing, ventilating fans and much more.
Hurricane Protection and Shutters
Prepare for hurricane season by protecting your home before a major storm. From high-impact windows to wind-resistant doors, roofing solutions and hurricane shutters, keep your home protected from storm damages that can lead to larger and more expensive repairs.
Windows and Doors
Are your windows and doors withstanding the test of time? It may be time to replace them if you are experiencing signs of wear and tear that result in the exposure of your home, leaks, unwanted pests and more. Fund your windows and/or doors home improvement project with Florida PACE to improve your energy efficiency, reduce insurance premiums, increase safety and ensure the longevity of your home’s safety.
Roofing
Has a Florida storm left your roof damaged and unsafe? Protect your roof from any further damages with a Florida PACE-funded home improvement roof repair or replacement. Our PACE contractors repair all roofing-related damages such as shingles, granule loss, water leaks, gutters, downspouts, supports/accents and more.
Pool Pumps
Did you know that your pool pump is at the heart of your swimming pool’s functionality? In Florida, your pool pump will typically last for about 8-12 years before needing to be replaced. When you fund a pool pump home improvement through Florida PACE funding, your pool will be equipped with a modern-day, energy-efficient pump that will not only keep your pool in working condition but could save you thousands.
Solar Panels
More and more homeowners are choosing to upgrade to solar-powered solutions. Installing solar panels on your home significantly reduces utility bills over time and increases your home’s overall value. You can make the switch to solar energy by funding your home improvement project through the Florida PACE program and could save thousands of dollars over your lifetime.
Electric Car Chargers
If you are the owner of an electric vehicle, it’s worth considering the installation of an electric car charger in your home. Through Florida PACE funding, you can finance an energy-efficient electric car charger that reduces the cost and hassle of charging your vehicle at a public charger — plus this home improvement could boost your overall home value!
Garage Doors
Upgrading your garage door with extra hurricane protection is one of the best investments you can make as a homeowner. Avoid costly hurricane damages like roof damage and water leaks when you fully replace your garage door or install aluminum bracing kits. This ensures protection against high winds that could de-pressurize your home and result in further damage to other parts of your home.
Water Heaters
Did you know that water heating is the second-largest utility expense in the average American home? With the typical U.S. family using about 64 gallons of hot water a day, investing in an energy-efficient water heater could save you thousands over time. Additionally, an energy-efficient water heater can last more than 20+ years, making the long-term investment worthwhile — finance yours through Florida PACE funding.
Generators
Florida residents are no strangers to storms that cause lengthy power outages. When you own a standby generator, you’re equipped with a backup power source so you can continue to supply power to your most essential appliances until the electricity is restored in your area. Don’t wait until a tropical storm or hurricane strikes. Finance a standby generator through Florida PACE funding, so you’re prepared for a power outage at any time.
Septic System
Septic problems can lead to slow drainage, costly plumbing repairs and water contamination. The average septic system processes about 70 gallons of water per person daily. Investing in septic repairs or upgrades can improve your home’s water quality. Finance your septic improvements through Florida PACE for a more sustainable and valuable home.
Septic to Sewer Conversion
Transitioning from septic to sewer can increase your property value and reduce long-term maintenance costs. With much of Florida transitioning away from septic systems by 2030, consider financing your sewer connections through Florida PACE for a more reliable and valuable home.
Flood Mitigation
Known as the hurricane capital of the United States, Florida faces constant threats of flooding. Implementing flood mitigation improvements like seawalls, retaining walls and exterior drainage systems can significantly reduce your risk. These upgrades are especially crucial for homes in flood zones or with a history of flooding. Safeguard your home with flood mitigation improvements through Florida PACE funding today.
Water Conservation for Commercial Properties
Is your commercial property wasting water and money? Implementing water conservation measures can drastically reduce utility costs and environmental impact. Upgrade with irrigation efficiencies, greywater recycling systems and water-saving fixtures. With Florida PACE funding, you can finance these eco-friendly upgrades for immediate benefits such as lower operational costs and increased property value.
Compare Florida PACE to Other Home Improvement Financing Options
We know that home improvement repairs and upgrades are expensive, and that payment plans can be intimidating. That’s why it’s imperative you take your time to compare the options before entering into a long-term funding plan. You should never feel rushed into a decision that you haven’t fully explored. While we know there are various financing options available to you, it’s important you review each of them before beginning your home improvement project.
We’ll help you understand how to finance home improvements and what funding options are available to you so that you can feel good about your financial plan from start to finish.
Use our comparison chart below to compare Florida PACE to the other available funding options — a HELOC, credit cards and cash — so you can enter into your financial agreement stress-free.
PACE
CASH
HELOC
CREDIT CARD
INTEREST RATE
6-12.99%
0%
8.5-15.37%
18-24%
FIXED RATE
Yes
N/A
May Vary
Yes
BALANCE
Reduced Each Year
None
Can Be Interest Only
Revolving Debt
CASH OPTION
No (Only “Qualified Improvements” can be financed, no cash)
N/A
Yes
Yes (with fees)
How Long Can You Finance
Can only finance for the “useful life” of the product being financed
N/A
Usually 30-Year Amortization
Revolving Debt
MINIMUM CREDIT SCORE
No
No
Yes
Yes
PREPAYMENT PENALTIES
No
N/A
Usually No
No
LENGTH OF TIME TO GET APPROVED
Immediate Pre-Approval
0 Days
Multiple Days/Weeks
Very Fast (with good credit)
NUMBER OF UNDERWRITING QUESTIONS
Immediate Pre-Approval
None
Many
Minimal Questions
Calculate Your Costs With Our Home Improvement Calculator
Find out how much your home improvement project may cost with our free cost calculator. After calculating your estimated costs with Florida PACE funding, you’ll be able to assess your financial plan further and compare PACE to the above options — cash, credit cards or a HELOC.