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Sonoma County Energy Independence Program (SCEIP)
Lender: Sonoma County Energy Independence Program (SCEIP)
Website: www.sonomacountyenergy.org
Email: sceip@sonoma-county.org
Phone: (707) 565-6470
Product Description
Sonoma County's Energy Independence Program (SCEIP) is a PACE financing program offered by the County that allows commercial property owners to finance up to 100% of the cost of installing energy efficiency, water-saving or renewable energy improvements that are permanently fixed to the property. Financing is repaid annually via the property tax bill over the course of up to 20 years.
Miscellaneous Information
To access a list of SCEIP Participating Contractors, visit http://sonomacountyenergy.org/locate-contractors/
Verified by Lender on: 2/17/2016
The data provided is for informational purposes only. For actual loan terms specific to borrowers, contact the lender directly.
Property Types
Sponsor:
Financing Type
PACE
Financing & Payment Information
Rate (APR):
6% - 8%
Term (years):
10, 20 years
Minimum Amount:
$2,500
Maximum Amount:
10 % of property value
Fees:
One-time fees, Ongoing fees
Down Pmt. Required:
No
Re-pmt. Method:
Property Taxes (PACE)
Pmt Frequency:
Annual
Pre-pmt Penalty:
No
Allowable Projects
Funds Energy Efficiency projects
Funds Water Efficiency projects
Funds Renewable Energy projects
Funds Demand Response projects
Funds other energy projects
Electric vehicle charging stations, energy storage and process equipment
Funds other energy-related projects
PACE can finance all costs related to the development of the project. This can include program fees, audit costs, engineering,
Other Program Requirements
Contractors
Must be program-approved
Financing Approval Time
More than 48 hours
Equity in Property Needed
Yes

Other Variations of this product

Sonoma County Energy Independence Program (SCEIP)

Property Types
Sponsor
Financing Type Property Assessment
Term (years) 10,  20 year(s)
Rate (APR) 6% - 8%
Min. Amount $2,500
Max. Amount 10 % of property value
One-time Fees No
Ongoing Fees $41
Description Sonoma County's Energy Independence Program (SCEIP) is a PACE financing program offered by the County that allows residential property owners to finance up to 100% of the cost of installing energy efficiency, water-saving or renewable energy improvements that are permanently fixed to their property. Financing is repaid annually via the property tax bill over the course of up to 20 years.

Other Products By This Lender

Lender: Sonoma County