Solar & Battery Regulation & Incentive Programs

Western Riverside Council of Governments - Large Commercial PACE

Program Overview

Category:: Financial Incentive
Program Type:: PACE Financing
Implementing Sector:: Local
State:: California
Eligible Storage Technologies:: Solar Water Heat, Solar Photovoltaics, Wind (All), Geothermal Heat Pumps, Lighting, Furnaces, Boilers, Heat pumps, Air conditioners, Programmable Thermostats, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Roofs, Custom/Others pending approval, Other EE, Wind (Small), Pool Pumps, LED Lighting
Website:: https://wrcog.us/230/PACE-Programs
Terms:: Eligible products can be financed for 5, 10, 15, 20, or 25 years, depending on the useful life of the eligible product.
Minimum financing: $5,000
Maximum financing: 15% of the property's value. WRCOG Executive Committee approval is required for any project costs over $1,000,000.
Applicable Sectors:: Commercial
Last Updated:: 10/29/2020

Summary

Western Riverside Council of Governments (WRCOG) is offering business owners in WRCOG participating jurisdictions an opportunity to finance energy and water efficiency projects for their commercial properties. The HERO Commercial Program is a Property Assessed Clean Energy (PACE) financing program. PACE programs allow businesses to finance energy improvements, and to repay the financing through special assessments on their property taxes.