Ygrene Energy Fund
Here’s a brief introduction to Ygrene and the Ygrene Works program.
Ygrene Energy Fund is a national leader in residential and commercial clean energy financing.
Founded in 2010, Ygrene’s award-winning, privately funded Property Assessed Clean Energy (PACE) program is revolutionizing the home improvement industry, making it easier for property owners to invest in their futures and a healthier environment.
Ygrene is delivering greater choice for home and business owners by providing accessible and affordable financing for energy efficiency, renewable, water conservation, storm protection and seismic upgrades.
Recognized as one of the fastest growing asset classes in the country, PACE has proven to be a successful tool for supporting public policy initiatives, all without the use of public tax dollars or credits. To date, Ygrene has provided over $1 billion of private capital to more than 400 local communities, creating thousands of jobs and investing millions into local economies across the U.S. Learn more at www.ygreneworks.com/faqs
For homeowners or Businesses. What is YgreneWorksTM?
Ygrene Energy Fund’s award winning YgreneWorksTM program provides 100% no money down PACE financing for energy efficiency, renewable energy and hurricane protection improvements for your home or business.
Payments are conveniently made with your property taxes.
Eligibility is based on the equity in your property (among other factors) and not on your proof of employment, income or financial statements.
Payments
Can be spread out over 20 years, and your first annual payment may be deferred for up to 17 months1.
With YgreneWorks
You may lower your utility bills and insurance premiums while making your home safer and reducing greenhouse gas emissions in your city.
While PACE programs are enabled by state legislation and must be approved by your local government, YgreneWorks is not a government program.
Hundreds of eligible improvements qualify
Including installation costs. Install those impact windows you’ve always wanted. Replace your roof and air conditioning system. Improve your home with solar panels, a new water heater and insulation. Visit ygreneworks.com/improvements for a list of PACE-eligible improvements.
Is making payments on my property tax bill a good idea?
YgreneWorks PACE financing payments are added to and repaid with your property taxes, a process approved under Florida State Statue 163.08 and secured by a continuing lien on the property.
If you sell your property, payments may transfer to the new owner.2
When will I make my first payment? Your first payment (and all future payments) will be added to your property taxes, and will appear as a line item on your annual statement delivered by your County Tax Assessors office.
The date it will appear on your property tax statement
For the first time depends on the date your PACE improvement contract is funded. PACE improvements funded on or before June 30th of this year will appear in this year’s property tax statement. Projects funded after June 30th of this year will appear in next year’s property tax statement.
What is my payment schedule?
Your annual PACE assessment will be added to your property taxes as a line item on your annual statement. You can pay in one of two ways:
1. Pay the property tax bill directly to your tax collector on the due date (lump sum installments paid annually).
2. Increase the amount contributed to your existing escrow account (or set up a new account) with
your mortgage lender or servicer.
Getting started
Is easy. www.waynegroupservices.com a Ygrene Certified Contractor near you, or contact paula@waynegroupservices.com customer service representative at 954 733 6557
1:Subject to underwriting guidelines and approvals; deferral of first payment depends on the date of funding; interest shall accrue during entire deferred payment period.
2:YgreneWorks PACE payments repaid with your property taxes and are legally transferable upon sale; however, some mortgage lenders may require full repayment of the special tax upon sale or refinance.
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