Thinking about replacing your home's old windows? Well, there's an excellent opportunity out there for you and it's best you take advantage of it. Yes, PACE financing, the government-backed program, will pay for your new windows, boost your home's energy efficiency and increase the value and curb appeal of your property.
Property Assessed Clean Energy financing, or PACE as it's known, is a government-supported program for financing energy efficiency measures and improvements on private property. PACE programs exist for both residential properties, referred to as R-PACE and commercial properties referred to as C-PACE.
Noted as one of the “top 20 world changing ideas” by the Scientific American magazine, the PACE program is an affordable and effective way of financing a range of home upgrades that save energy, strengthen the property and increase its value.
As of 2017, hundreds of thousands of U.S. homeowners have invested $4 billion in energy efficiency measures and other improvements to their homes using PACE financing. Window replacement is considered one of the most popular ways to upgrade and improve your home on offer. And of all states in the program, California leads the way in PACE recipients.
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Certified and backed by five-star reviews, the leading window professionals in your area will bring you up to speed on the financing options at your disposal, including the PACE program, as well as the best way to achieve your cost and energy-efficiency goals. And don't forget to ask about their warranties on workmanship and materials.
Window replacement is a functional upgrade that will raise the value of your home and go a long way to improving its energy efficiency. A $10,000 expenditure on new windows can bump up an asking price on a house by as much as $17,500, for an ROI of 77%. Furthermore, not only can they be beautiful to look at, and therefore a curb-appeal boost, but new, energy-efficient windows could eventually pay for themselves through a 10% - 20% saving on your heating and cooling costs.
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In addition to saving you money on utilities, new windows will also raise the value of your home and boost its curb appeal. When you factor in the convenient and government-backed PACE financing program, it's no wonder so many Californians are replacing their old windows with new ones.