Property Assessed Clean Energy (PACE)

Erving is an early adopter of Massachusett's Property Assessed Clean Energy (PACE) program which funds energy improvements on commercial and industrial buildings, multifamily properties with five or more units, and buildings owned by nonprofits.

Properties eligible for financing through PACE include:

  • Commercial buildings
  • Industrial buildings
  • Multi-family buildings with five or more units
  • Buildings owned by a nonprofit organization

Improvements eligible for financing through PACE must be permanently fixed to the property. Eligible improvements include:

  • Energy efficiency upgrades
  • Renewable energy
  • Extension of existing natural gas distribution to a property