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Ygrene Energy Fund, a provider of property assessed clean energy (PACE) programs in the US, and CivicSolar, the nation's fastest growing solar equipment distributor, announced a strategic partnership to provide CivicSolar's thousands of contractor customers access to Ygrene's low-cost, low-risk PACE financing. That's according to Pace Now.
Ygrene's PACE financing offers a transparent, low-cost way for customers to fund their solar projects. PACE financing is repaid via annual property assessments over a 5- to 30-year term and is based on the property's value, not an individual's credit score. Since 2013, thousands of home and business owners have utilized this simple and affordable financing mechanism.