Spruce PACE empowers governments to help homeowners, businesses and communities.
Spruce PACE for Solar
Spruce PACE for solar allows homeowners to finance residential solar PV systems with no upfront costs. Homeowners pay back the financing through a new line item on their property tax bill.
Download the Spruce PACE Homeowner Handbook.
Spruce PACE Availability
Spruce PACE is currently available through the California Statewide Communities Development Authority (CSCDA) Open PACE platform in the following counties and cities.
- Alameda County (unincorporated)
- San Leandro
- Union City
- Butte County (unincorporated)
Contra Costa County
- El Cerrito
- Pleasant Hill
- San Ramon
El Dorado County
- El Dorado County (unincorporated)
- South Lake Tahoe
- Fresno – coming soon
- Blue Lake
- Humboldt County (unincorporated)
- El Centro
- Imperial County (unincorporated) – coming soon
- Bakersfield – coming soon
- Kern County (unincorporated)
Los Angeles County
- Agoura Hills
- Beverly Hills – coming soon
- Bellflower – coming soon
- El Monte
- Glendora – coming soon
- La Verne
- Los Angeles
- Monterey Park
- Rolling Hill Estates – coming soon
- Pico Rivera – coming soon
- Santa Monica
- West Covina – coming soon
- West Hollywood
- Madera County (unincorporated)
- Marin County (unincorporated)
- Mill Valley
- San Anselmo
- San Rafael
- Los Banos
- Mono County (unincorporated)
- Monterey County (unincorporated)
- Napa County (unincorporated)
- Aliso Viejo – coming soon
- Buena Park
- Fountain Valley – coming soon
- Laguna Beach
- Laguna Hills
- Placentia – coming soon
- Banning – coming soon
- Calimesa – coming soon
- Canyon Lake
- Cathedral Ccity
- Corona – coming soon
- Eastvale – coming soon
- Hemet – coming soon
- Indian Wells
- Jurupa Valley
- La Quinta
- Lake Elsinore – coming soon
- Menifee – coming soon
- Moreno Valley
- Murrieta – coming soon
- Norco – coming soon
- Palm Desert
- Palm Springs
- Perris – coming soon
- Rancho Mirage
- Riverside County (unincorporated)
- San Jacinto
- Temecula – coming soon
- Wildomar – coming soon
- Citrus Heights
- Rancho Cordova
- Sacramento County (unincorporated)
San Bernardino County
- Apple Valley (coming soon)
- Big Bear Lake
- Chino Hills
- Rancho Cucamonga
- San Bernardino County (unincorporated)
- Twentynine Palms
- Upland – coming soon
- Victorville – coming soon
San Diego County
- City of San Diego
- El Cajon
- Encinitas – coming soon
- Imperial Beach
- La Mesa
- National city
- San Diego County (unincorporated)
- Santee – coming soon
- Solana Beach
- Vista – coming soon
San Francisco County
- San Francisco – coming soon
San Joaquin County
San Mateo County
- Foster City
- Redwood City
- San Carlos
- San Mateo
- San Mateo County (unincorporated)
- Town of Atherton
- Town of Portola Valley
Santa Barbara County
- Santa Barbara – coming soon
Santa Clara County
Santa Cruz County
- Santa Cruz
- Santa Cruz County (unincorporated)
- Mount Shasta
- Yuba City
- Visalia – coming soon
- Yuba County (unincorporated)
- Thousand Oaks
Qualified, Local Contractor Network
Our financing is available through a national network of verified channel partners.
Spruce PACE FAQs
Can I use any contractor to install an eligible project?
No. Spruce has a rigorous vetting process to ensure contractors within our network are honest, thorough and provide high quality work. Contractors must be properly licensed and bonded with the Contractors State License Board, and registered with the Spruce PACE Program in order to install eligible projects.
We pride ourselves on being leaders in consumer protection. Our General Counsel chairs the Consumer Protection Committee of the national solar trade association (SEIA).
See Section 2.5 of the Homeowner Handbook for more information.
What are the eligibility criteria for PACE financing?
Eligibility requirements for residential properties include:
- Minimum of 10% equity in property (mortgage-related debt below 90% of property value).
- Mortgage payments and property taxes are current.
- No more than one 30-day mortgage late payment in the past 12 months.
- No more than one late property tax payment in the past 3 years.
- No outstanding involuntary liens, such as tax liens or mechanic’s liens over $1,000.
- Property isn’t an asset in an active bankruptcy.
- No active bankruptcies in the last 7 years. If a bankruptcy was discharged 2 to 7 years prior, and the homeowner hasn’t had any late payments in the last 24 months (more than 60 days past due), the homeowner may be approved.
See Section 2.2 of the Homeowner Handbook for more information.
How is PACE financing different than just paying with a credit card?
Unlike credit cards, PACE doesn’t have credit score requirements. Instead, interest rates are based on the financing term and are fixed.
With terms up to 30 years, PACE gives you more time and lower payments compared to other financing methods like credit cards.
Where will my PACE payments appear and what is included in those payments?
Payments due for PACE will appear on your tax bill as one line item called “Spruce PACE.” The amount shown on this single line includes the cost of the eligible improvements plus all interest and fees.
If you escrow your property taxes through your mortgage provider, you may want to notify them to increase your monthly impound to account for the increase in your tax bill due to the PACE assessment.
For a detailed explanation of these costs, see Section 4.3 of the Homeowner Handbook.
Can I sell or refinance if I have a PACE assessment?
Yes. Properties with PACE assessments can be sold or refinanced at any point. Remaining PACE assessment balances can be paid off or transferred to the new owner. The process depends on lender criteria: some lenders and/or buyers require the outstanding assessment balance to be paid off when a homeowner refinances or sells a home.
Limited subordination may be available for some homeowners looking to sell their homes or refinance their mortgages.
See section 7.4 of the Homeowner Handbook for more information.
Does a PACE assessment affect the home buying or selling process?
Yes. Listing agents should disclose that there’s an additional tax assessment on the property tax bill and explain that savings help offset the assessment. Homeowners may be able to transfer any remaining balance to the buyer when they sell their home. The buyer’s lender may allow the transfer to the buyer, or they may require the balance to be paid off or partially paid off.
See section 7.4 of the Homeowner Handbook for more information.
Since the PACE assessment is paid through my property tax bill, is it tax-deductible?
The interest on a PACE assessment may be deductible. You’re urged to consult a tax advisor regarding the deductibility of such payments.
Where can I go to learn more about PACE?
There are several resources available for additional information. For the most comprehensive guide to Spruce PACE, please review the Homeowner Handbook.
You can also visit our website sprucefinance.com or call 888.532.1347.
Program call center hours:
Monday-Friday 5am-6pm PT