Help protect homes and businesses from natural disasters;
The climate is changing, the environment is deteriorating—and Americans are paying the price.
Explore the environmental risks faced by communities across the country, and learn how PACE financing can help by building a more resilient, prosperous, and sustainable future.
Throughout the United States, communities struggle with increasing energy costs, insurance premiums, and frequency of extreme weather events that result in billions of dollars of property damage and repair costs every year.
Despite a recent groundswell of new political support for environmentally conscious initiatives–including the Green New Deal, which makes an ambitious yet largely unreachable call-to-action—sustainability and resiliency upgrades to protect homes and families remain limited and inaccessible for average Americans.
While many debate the cause of the record number of wildfires, wind storms, hurricanes, floods, tornadoes, and other damaging events, there is no question that the country is struggling to help property owners protect themselves and get them back on their feet after devastation.
Since 1980, environmental-related disasters have cost Americans over $1 trillion, according to NOAA research.
This increased risk directly impacts the insurance industry. As a result, the average home insurance rate has risen by 50 percent over the past 10 years alone.
Hover a storm for more information1980s
Total Cost $163B
Total Cost $260B
Total Cost $489B
Total Cost $644B
Total Cost $1,642B
Total Cost $4,188B
Property Assessed Clean Energy (PACE) is an innovative public-private partnership model that makes residential and commercial property upgrades in natural disaster mitigation, renewable energy, and water efficiency financially accessible.
Help protect homes and businesses from natural disasters;
Lower monthly insurance premiums and utility bills;
Create local jobs and drive economic growth in local communities; and
Contribute to shared sustainability goals.
Since 2008, when PACE financing was first established in California, it has shown tremendous success in accomplishing what state policymakers, business leaders, and community members across the country set out to achieve.
Those goals were to overcome two of the biggest barriers local communities, cities, and counties faced in addressing climate change: the cost-barrier homeowners face when investing in clean energy and resiliency property upgrades; and how to unlock the billions of dollars of private capital needed to create healthier and safer communities.
Conservative, Baseline, and Aggressive projections assume an 8%, 15%, and 30% industry growth rate respectively. These projection assumptions are informed by prior year over year industry growth rates.
Ygrene Energy Fund is the nation’s leading PACE administrator, financing property improvement projects in California, Florida, and, most recently, Missouri—the only three states where residential PACE financing is currently enabled through legislation.
Explore the environmental, economic, and societal benefits derived from Ygrene investments and imagine what a truly PACE enabled world would look like.
As successful a public policy as it has been, PACE is just scratching the surface to meet the needs of creating a clean energy and resilient economy, built on healthier and safer communities across the country.
Research shows that extreme weather events have become more frequent and destructive over time. As such, there is an indisputable need for resiliency improvements across the United States.
According to the Environment America Research and Policy Center, between 2007 and 2012, nearly 4 out of 5 Americans lived in a county that was affected by weather-related disasters, representing approximately 243 million Americans.
While many believe extreme weather events are isolated to at-risk states like Florida, California, Texas, and New York, the reality is that no state is safe. But within this context of increased risk, PACE financing is well-positioned to provide needed relief.
Extreme weather occurs throughout the country. Explore this risk on a state-by-state basis, and see how a PACE-enabled world can transform risk into opportunity.
A PACE-enabled future is a world with more jobs, a stronger economy, and decreased environmental impact from fossil fuels.
Even within the next five years, PACE financing could generate significant impacts for communities across the country.
With an increasing number of extreme weather events that lead to significant costs for local, state, and federal governments, as well as the citizens they serve, Americans must take on the challenge of making their homes and businesses safer and more resilient in the face of disaster.Get Involved Download PACE Enabled World Report ygrene.com/government >
“Ygrene was MORE than perfect. From follow through to calls ensuring we were happy. The experience with Ygrene was just how I expect an experience with a company to transpire.”
Riverside County, CA Resident
“All the people I worked with were very accommodating. They were easy to talk to and explained the process of funding very clearly. I plan on using Ygrene in the future.”
Sacramento County, CA Resident
“Ygrene was very responsive and informative. It seemed that any customer service agent I talked with was able to help, I didn’t get passed from one person to another.”
Butte County, CA Resident
“Ygrene was very professional and a helpful, caring service for the community … I will definitely recommend to my friends, family and colleagues.”
Broward County, FL Resident
“Ygrene helped us with our immediate need for impact windows. Not just for the protection against hurricane and storms but also for the protection from break ins. Not to mention the home looks lovely.”
Miami-Dade County, FL Resident
“I am extremely thankful that Ygrene was able to provide financing to help me save energy and the environment. I really don't know what I would have done without them. It is an extremely interesting concept they have developed, and I hope it continues to work well for their clients.”
Alachua County, FL Resident
“I always had my questions answered and every person I spoke to at Ygrene was always polite and helpful. Interest rate was reasonable for the excellent customer service and contractor help I received … I like that I can pay through my escrow account.”
Pasco County, FL Resident
“Ygrene’s process was very easy to follow. Assistance was readily available when needed. Staff acts in a consultative manner and seeks to build relationships with clients. Highly professional and friendly.”
City of St. Louis, MO Resident
"Ygrene was very professional, explained everything thoroughly with us; it allowed us not to have to pay out of our pocket right now and gives us time to save the money for the first payment on our taxes ... it just worked out really well for us."
County of St. Louis, MO Resident