LOS GATOS, Calif., Aug. 15, 2017 /PRNewswire/ -- On Monday, August 7, 2017, the Executive Committee of the Western Riverside Council of Governments (WRCOG) approved a partnership with PACE Funding Group, LLC., a leading provider of residential Property Assessed Clean Energy (PACE) financing in the State of California. This partnership will offer more financing options and greater choice to the residents of western Riverside County as they consider their energy efficient home improvement needs.
With WRCOG as a partner, PACE Funding Group, LLC. will be able to offer financing to homeowners in 14 Riverside County Cities: Banning, Calimesa, Canyon Lake, Corona, Eastvale, Hemet, Jurupa Valley, Lake Elsinore, Menifee, Murrieta, Norco, Perris, Temecula and Wildomar, comprising more than 300,000 homes.
"PACE Funding's entry into western Riverside County means more competition for our residents' business, which results in better service and increased options for homeowners," said Deborah Franklin, Chair of the WRCOG Executive Committee. "We look forward to working with PACE Funding to help our homeowners finance their important, energy efficient home improvements and drive additional local economic activity."
"We are honored to work with the Western Riverside Council of Governments, the most experienced PACE program sponsor in the country, to offer a new and better financing option to western Riverside County residents," said Robert Giles, CEO of PACE Funding. "Our shared commitment to competition and protecting the consumer will result in the most beneficial PACE product for all involved and drive additional local jobs and economic development and move western Riverside County closer to its sustainability goals."
This latest expansion means that financing through PACE Funding will be available to residents in almost 200 municipalities through 36 of the Counties in California.
About PACE Funding Group LLC.: Based in Los Gatos, California, PACE Funding Group is an approved PACE program administrator in the states of California, Florida and Missouri. PACE Funding Group's financing instruments are available for a variety of pre-approved energy efficiency improvements, including solar electric, solar thermal, HVAC, roofing, windows/doors and water conservation equipment. For more information visit www.pacefunding.com.
About WRCOG: The purpose of WRCOG is to unify Western Riverside County so that it can speak with a collective voice on important issues that affect its members. Representatives from 18 cities, the Riverside County Board of Supervisors, the Eastern and Western Municipal Water Districts, and the Morongo Band of Mission Indians have seats on the WRCOG Executive Committee, the group that sets policy for the organization. The Riverside County Superintendent of Schools is an ex-officio member of the Executive Committee. Recognizing that many issues related to growth are not constrained by political boundaries, WRCOG focuses on a number of regional matters important to our future. By working together through its committee structure and utilizing resources, WRCOG is cost-effective by reducing duplication of effort and sharing information, enabling strong advocacy and strengthening Western Riverside's standing in the region and the State. Today, WRCOG's program areas are varied and include transportation, environment, energy, economy, and health. For more information visit www.wrcog.us.