Firm also Seeking Local Clean Energy Contractors
Lancaster, CA. September 30, 2014 – Figtree Financing, a participant of the City of Lancaster’s Property Assessed Clean Energy (PACE) Program, is now providing financing services to commercial and residential property owners interested in investing in clean energy upgrades. In addition, local clean energy contractors are being called upon to become Figtree Registered Contractors, which will enable them to expand their businesses by helping to meet the green technology needs of PACE-participating property owners.
The PACE Program expands Lancaster businesses’ and residents’ choices in the alternative energy arena by connecting them to the financing company of their choice, as well as the local participating contractor of their choice. The Program makes alternative energy lifestyles accessible to property owners of all financial circumstances by providing up to 20% of a property’s value to be financed for energy efficiency, renewable energy, or water conservation upgrades.
Figtree Financing is the first of three PACE-affiliated financing choices to be made available to Lancaster residents and contractors. The California Home Energy Renovation Opportunity (HERO) Program is expected to become available in October 2014, while the CaliforniaFIRST Program is expected to be available in January 2015.
PACE and its affiliated financing programs provide their services through local contractors, who sign up to become Registered Contractors. Those interested in becoming Figtree Registered Contractors are encouraged to sign up soon, as they must be trained to qualify.
“This is an excellent opportunity for both our residents and our many clean energy contractors,” said Lancaster Mayor R. Rex Parris. “This program enables the City to continue providing Lancaster residents and business owners with green energy opportunities, while also increasing the demand for providers of these environmentally-friendly services. The PACE Program makes it easy for property owners to utilize green energy, bringing Lancaster closer to our Net-Zero goals.”