Florida PACE Program for Air Conditioning Replacement
How long have you been planning to buy a new air conditioner for your home?
Do you even know how much the air conditioning installation will cost?
Well, the good news is, if your air conditioner is still working, you have more time to save up for it right?
Look, Hot 2 Cold knows you don’t have a savings account for your air conditioner… Nobody does.
You probably wouldn’t have found this page if your air conditioner was working…
RenewPACE offers an option you should consider if you are scrambling to figure out how to afford this commonly overlooked expense.
You may be eligible to leverage up to 20% of the value of your home for energy efficiency upgrades.
RenewPACE is a government approved financing program from national energy finance leader Renew Financial. It provides upfront funding for your home energy efficiency, renewable energy, and wind resistance improvements. Simply apply, work with a RenewPACE Registered Contractor, like Hot 2 Cold, to complete the projects, and repay the financing on your property tax bill over the course of up to 25* years. With RenewPACE, there are no out of pocket costs and acceptance is not based on your FICO score.
*HVAC projects are limited to a 15-year term.
RenewPACE financing payments may transfer to the new owner when you sell your home.
Because RenewPACE PACE financing is property-based, it can stay with the house if it is sold (payments transfer to the new owner). However, situations can arise where the assessment may need to be paid of or is not able to transfer, so it’s important to avoid saying that the payments are definitely transferable.
Hot 2 Cold Inc., does not make loans or assessments and is neither a lender nor a broker. Financing is provided by energy finance leader Renew Financial in cooperation with local governments, and financing approvals are subject to standard credit acceptance and documentation requirements.