iTouch the only Smart Faucet government approved under pace program

Pace Funding Green Energy Program

Additional Information

The Benefits of PACE Financing for Commercial Real Estate Owners 

This exciting form of third-party financing provides unique benefits to building owners: 

• The cost of PACE financing, and the benefits generated, can be shared with tenants under most lease forms, thus eliminating the split incentive issue that derails so many energy efficiency projects.

• 100% of project costs, including soft costs such as development fees, can be financed through PACE, which removes the requirement for out-of-pocket expenses for owners.

• PACE financing is available with flexible terms up to 30 years, making it possible to increase net operating income by implementing projects with simple paybacks reaching almost 12 years. This increased net operating income translates to higher property values for building owners. 

• PACE is strictly property-based financing secured by a lien on the property. As a result, the owner of the property is not personally obligated to repay the tax assessment.

• PACE is attached to a property tax bill, and the obligation to repay the financing automatically transfers to the new owner upon the sale of the property, along with the energy-saving benefits generated by the project. This eliminates any holding period concern owners may have, i.e., it encourages energy production


The secure nature of PACE backed by a senior lien on the property not only makes it possible for providers of capital to feel comfortable with financing terms up to 20 years, but also means that the cost of PACE financing is typically lower than the cost of other sources of external financing, such as leases. For further info please download. 


Download section 179 tax benefits overview

  • Essentially, Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year. That means that if you buy (or lease) a piece of qualifying equipment, you can deduct the FULL PURCHASE PRICE from your gross income. It's an incentive created by the U.S. government to encourage businesses to buy equipment and invest in themselves.