Project Center

Welcome to the PACE Wisconsin Project Center
The Project Center is your portal to apply for Commercial PACE (C-PACE) financing, manage C-PACE applications, and submit required financing documentation.  It also contains supporting documents, including the Program Guidelines, and a step-by-step overview of the PACE Wisconsin financing process.  Please click on one of the links to the right to apply for C-PACE financing, access the Project Center for the first time, or return to the site.

Capital Providers, Energy Assessment Providers, and Installation Contractors may also use the “New User” link to the right to use the Project Center to register with PACE Wisconsin and to access program forms and templates.  Capital Providers may use the Project Center to access the Capital Provider Request for Qualifications.  Energy Assessment Providers and Installation Contractors may also use the Project Center to register with PACE Wisconsin.  

Overview
To obtain PACE Financing, a property owner must complete the application process, which includes a Pre-Application and Final Application. The Program Administrator must approve the Final Application prior to closing a PACE Financing.

Application Process

Step 1: Complete the Pre-Application

The first step in securing PACE financing is to complete the Pre-Application, which verifies program eligibility (before applicants invest in project development).

New applicants to PACE Wisconsin must create login credentials to access the Project Center. Through the Project Center, users can start new applications, manage active applications, and access all program materials. Users will return to the Project Center to complete subsequent steps in the application process. In the Project Center, users can view and download the Program Guidelines. The Program Guidelines describe all program requirements and needed documents. The Guidelines also include a detailed description of the PACE application, approval, and financing processes.

PACE Wisconsin will notify applicants of their status within two business days of receipt of a completed Pre-Application.

Step 2: Develop an Energy Conservation Project and Obtain Lender Consent

Following approval of the Pre-Application, property owners should work with C-PACE Program partners, including capital providers, energy assessment providers, and installation contractors to develop their project(s).

Before filing the Final Application, please:

• Contact an approved PACE capital provider to secure C-PACE financing.
• NOTE: PACE Wisconsin supports an open market for capital providers. If the applicant’s preferred capital provider has not been approved for [Program Name], the capital provider is encouraged to submit a response to PACE Wisconsin’s Request for Qualifications for capital providers.
• Contact an energy assessment provider and obtain an Energy Assessment for the project, as defined in the Program Guidelines.
• Work with installation contractors and your energy assessment provider to determine the C-PACE project scope, cost, and schedule.
• Obtain consent to the PACE financing from any existing mortgage/lien holders.

Step 3: Submit Final Application and Supporting Documentation

The Final Application is available to the Applicant upon approval of the Pre-Application, and is accessible through the Project Center (under "Existing Application"). Applicants must use the Project Center to upload the required project documents listed below.

• Signed Installation Contracts
• Energy Assessment
• Savings Guarantee (for PACE Financings greater than $250,000)
• Mortgage Lender Consent (for properties encumbered by a mortgage financing)
• Mortgage Loan Balance(s)
• Appraisal (if property value is not based on assessed value)
• Title Report
• Signed Final Application
• Substantially final PACE Special Charge and Financing Agreement

PACE Wisconsin will review the Final Application and provide the Applicant with written Notice of Approval or request for more information within 10 business days of a Final Application submission.

Step 4: Close Financing, Execute PACE Financing and Special Charge Agreement

Upon the Program Administrator’s approval of the Final Application, a Notice of PACE Wisconsin Approval will be sent to the Applicant and his or her designated agent. Upon receipt of the Notice of PACE Wisconsin Approval, the Applicant may proceed with closing the PACE Financing.

In addition to any financing agreements required by the PACE Lender, the Applicant, PACE Commission, and PACE Capital Provider are required to execute the PACE Financing and Special Charge Agreement in conjunction with closing the PACE Financing.

Step 5: PACE Project Implementation

Following close of the PACE Financing and Special Charge Agreement, PACE Project work can begin. The property owner or Contractor will draw funds for the PACE Project directly from the PACE Capital Provider according to the terms agreed to between those parties.

NOTE: Property Owners may use PACE to finance eligible clean energy projects that were completed within the 30 months preceding closing of the PACE financing.

Step 6: Repayment of the PACE Financing

PACE Wisconsin utilizes a "direct billing and payment" system, which requires the PACE Property Owner to make annual installment payments directly to the PACE Administrator (or its servicer). The PACE Administrator will be responsible for directing payments to the applicable PACE Capital Provider.