Efficient Financing
for Building Efficiency.

Energize Kentucky Projects

Avid Hotel

Building Envelope

Lexington

$1,150,218 in PACE Financing

Holiday Inn Express & Suites

Building Envelope, LED Lighting, Water Efficiency

Versailles

$2,830,162 in PACE Financing

East Bluelick Road

Building Shell

Hillview

$2.2 million in PACE Financing

Fort Thomas Avenue

LED Lighting, HVAC, Building Shell

Fort Thomas

$94,000 in PACE Financing

PACE Financing is a financing method with great benefits, made just for investments in energy efficiency to commercial properties.

“PACE financing is modeled as part of the capital stack for every project we develop.”

Dan Neyer President, Neyer Properties

Initial Eligibility Form

The property owner completes a brief form at KYPACE.org to help PACE determine if the property and potential energy project is eligible for KENTUCKY PACE financing.
Energy Project Summary Form

The property owner works with a qualified contractor to identify eligible energy saving improvements and quantify the energy savings. This form is submitted with the Energy Project Application.
Energy Project Application

The application form allows the property owner to provide essential financial documentation about the property and its operating status. KENTUCKY PACE provides the information to its network of registered capital providers to obtain PACE financing terms for the owner. NOTE: The property owner must obtain written consent from the existing mortgage holder before a PACE special assessment can be added to the property’s tax bill.
Funding

The property owner agrees to financing terms and then the PACE special assessment is added to the property’s tax bill. After the KENTUCKY PACE financial closing occurs, the funding will be available for the eligible energy saving improvements.
Installation

The registered contractor completes the installation of the authorized energy saving improvements. KENTUCKY PACE ensures all improvements are installed to the satisfaction of the property owner.