With Hurricane Season Underway, Miami-Dade County Elects Florida's Largest PACE Program - YgreneWorks - to Finance Critical Climate and Energy-Related Property Upgrades

Within days of its approval by the County Commission, YgreneWorks receives 500+ applications

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Jul 27, 2016, 07:00 ET

SANTA ROSA, Calif., July 27, 2016 /PRNewswire/ -- Ygrene Energy Fund announced today that Miami-Dade County has selected the award-winning YgreneWorks™ PACE (property assessed clean energy) program to help home and business owners finance a broad range of energy efficiency, renewables, and hurricane protection property upgrades. Now, all 1.4 million unincorporated Miami-Dade County residents will have access to YgreneWorks. More than 270 cities and counties across California and Florida have already selected Ygrene, making it the nation's leading residential and commercial PACE provider.

Ygrene has now financed over 90 percent of all Florida PACE projects, totaling $77 million in residential, commercial, and multifamily property upgrades that increase energy efficiency and help protect homes and businesses against hurricane damage. With more than $785M in committed capital, Ygrene continues its rapid expansion, dedicated to providing property owners nationwide with a simple and easy process and service excellence.

Demand for Property Retrofits Soars as Miami-Dade Prepares for the Next Big Storm:

Jose Diaz (Commissioner for Miami-Dade County): "This is a big step forward for energy conservation and is going to be very good for homeowners. I thank Ygrene Energy Fund for being the first company to step up to serve our unincorporated residents."
Maria Arguelles (Homeowner): "Since I first heard about the YgreneWorks program, I've been anxiously awaiting the opportunity to enroll so I can upgrade my roof and protect my home before the next storm. I have called City Commissioners to push this great new financing option for Miami-Dade residents repeatedly and I am so happy that this is finally approved."
Gabriel Marinas (Sales Manager for The Home Depot): "PACE funding through Ygrene has been a great financing option that many of our customers have opted for. For many homeowners, this option has made it possible to strengthen their homes against hurricanes, and at the same time improve the energy efficiency of their homes. As the program has expanded, more and more customers from Unincorporated Miami-Dade have decided to wait for this program in order to make these important improvements to their homes. As we speak, we are looking to add personnel to our sales staff as well as grow our installer base to accommodate the anticipated boost that Ygrene approval will bring to the business."

In addition to offering the most comprehensive PACE program in the market, Ygrene also leads the industry when it comes to its commitment to customer protections. From application through approval, construction, project completion and funding, Ygrene's customer protection policies ensure consumers are supported every step of the way. For more information, view or download Ygrene's Customer Assurance and Protections.

YgreneWorks for Miami-Dade
Ygrene's people-first approach to financing gives businesses and homeowners an affordable way to pay for energy efficiency and climate resiliency upgrades. YgreneWorks allows owners to pay for home and property improvements with terms of up to 20 years through their property tax bill with no upfront payments. Property owners can access a list of Ygrene certified contractors who will work with them to select and install eligible upgrades such as solar systems, energy efficient and impact resistant windows and doors, heating and air conditioning, cool roofs, and more.

About Ygrene Energy Fund
Ygrene Energy Fund is the nation's leading provider of residential and commercial property assessed clean energy financing. The award-winning, privately funded YgreneWorks^TM program provides immediately accessible financing with no upfront payments for energy efficiency, renewables, and, in certain areas, water conservation, hurricane protection, electric vehicle charging stations and seismic upgrades. Ygrene is committed to making it easy for families to invest in their future and a healthier environment. Over the next five years, YgreneWorks is expected to create tens of thousands of local jobs and invest hundreds of millions into local economies. Learn more at ygreneworks.com.

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SOURCE Ygrene Energy Fund