PACE (Property Assessed Clean Energy)

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PACE (Property Assessed Clean Energy)2019-03-07T01:17:57+06:00

PACE (Property Assessed Clean Energy) is a new way to finance energy efficiency and renewable energy upgrades to the buildings of commercial property owners. 

Energy-saving measures pursued by the owners receive project financing and are repaid as a separate item on their property tax assessment for a set period. PACE Eliminates the burden of upfront costs by providing low-cost long-term financing.

Find more information on their website at: Property Assessed Clean Energy (PACE)

PACE Fact Sheet

PACE Frequently Asked Questions

This program also works hand in hand with the commercial rebates that are provided by our electricity provider Minnesota Municipal Power Agency. 

Call City Hall at 507-647-5306 or e-mail: to find out more about both of these options and how they can work together to save you money.