Report: PACE Brought Annual $134M to California, $51M to Florida Over Last 5 Years

Between 2013 and 2018, property-assessed clean energy (PACE) financing from a leading lender added $134.7 million and $51 million per year to the economies of California and Florida, respectively, according to a new report conducted by the University of Southern California and funded by the Ygrene Energy Fund. Using California and Florida data from PACE lender Ygrene, which has provided $1.16 billion for 54,500 property improvements between 2013 and 2018, analysts found that projects added 1,305 full-time equivalent jobs in California and 603 in Florida annually*. Greentech Media

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