AllianceNRG Program™ and CounterpointeSRE™ Program Approved in Palm Beach County, Florida
Industry: Financial Services
Innovative Program Provides Property Owners with Financing for Energy Efficiency, Renewable Energy and Wind Resistance Upgrades
Palm Beach County, FL (PRUnderground) August 16th, 2017
The Palm Beach County Board of County Commissioners voted to make the AllianceNRG ProgramTM and CounterpointeSRETM Program available throughout Palm Beach County. This approval comes on the heels of recent approvals for the Programs in Hernando County, Levy County (for the unincorporated area) and the cities of West Palm Beach, Delray and Palm Beach Shores. The Programs provide Property Assessed Clean Energy (PACE) financing for property owners. PACE financing makes energy conservation and efficiency, renewable energy and wind resistance improvements affordable for property owners by providing fixed-rate financing for 100% of the project and closing costs, repaid through an assessment on property tax bills.
The AllianceNRG Program serves the residential market and the CounterpointeSRE Program serves the commercial market. For residential, the AllianceNRG Program offers a fixed interest rate of 5.99% regardless of the term of the assessment. Different fixed interest rates apply to commercial property owners depending on the term. Financing is limited to the useful life of the improvements and cannot exceed a maximum of 30 years. The AllianceNRG Program and the CounterpointeSRE Program are among the leading PACE programs in the country.
In addition to helping property owners save on energy and insurance bills, PACE Programs help spur local job creation by increasing demand for home improvement services and supplies.
A wide variety of energy-saving products are available to property owners. Some of the Programs’ most popular products include solar power, whole-home heating and cooling (HVAC) systems, energy-saving windows and doors, roofing and insulation.
The Programs can help property owners reduce insurance premiums and protect them against the next hurricane by financing hurricane protection property upgrades like new roofs, strapping, storm windows, doors and shutters.
Interested property owners can check if their property is eligible at www.AllianceNRG.com for residential properties and www.CounterpointeSRE.com for commercial properties. Application and approval is fast and easy online. If PACE is not available in your community, contact your County Commission.
The AllianceNRG Program and CounterpointeSRE are sponsored by the Florida PACE Funding Agency, a governmental agency established in 2011. The AllianceNRG Program and CounterpointeSRE are now available county-wide in 21 counties and various cities in three other counties in Florida to more than 7.9 million people, representing approximately 38% of the state’s population.
For more information:
Residential:
Telephone: 855-509-9922
Email (Property Owner): Information@AllianceNRG.com
Email (Contractors): Contractorenrollment@AllianceNRG.com
Website: www.AllianceNRG.com
Commercial:
Telephone: 855-431-4400
Email (Property Owner): Inquiry@CounterpointeSRE.com
Email (Contractors): Contractor@CounterpointeES.com
Website: www.CounterpointeSRE.com
Government Relations:
Telephone: 855-431-4400
Email: Gov@CounterpointeES.com
Website: www.FloridaPACE.gov
About Florida PACE Funding Agency
The Florida PACE Funding Agency was created in June 2011. The Agency’s mission is to facilitate the implementation, planning, development, funding, and financing of a statewide platform allowing private property owners, counties and cities to easily and economically take advantage of a program providing funding for qualified improvements to real property. Those improvements encompass energy efficiency, renewable energy and wind resistance.
Florida’s PACE (Property Assessed Clean Energy) legislation allows individual residential and commercial property owners to seek financing for those energy efficiency, renewable energy and wind resistance improvements in the form of a special assessment though a long term property assessment. Repayment of the assessment is made over a period of years and collected on the same bill as property taxes.
The Agency has the largest PACE program in Florida and participation in the Agency’s PACE program is increasing.
For more information about the Agency, please visit www.floridapace.gov. For cities or counties seeking to participate in the Agency’s PACE Program, please contact C.J. De Santis at (561) 409-0343 or gov@counterpointees.com.
