Solar PACE Financing
in New Brunswick
Property Assessed Clean Energy (PACE) is a financing model which allows building owners and developers to cover the cost of installing solar energy with no money down. The financing is done through a low-interest loan that is repaid through the property tax bill. Unfortunately in New Brunswick, PACE financing isn't available.
However, Naveco Power offers a PACE alternative. Naveco can provide the same type of solar financing for businesses with no upfront costs. We believe that New Brunswicker's deserve the right to accessible solar solutions, which is what we can provide in the meantime while advocating for PACE financing to come to our province. Click the button below to see the estimated savings your business could receive through solar financing.
Other New Brunswick solar financing and rebates
The THESP offers money back on efficiency upgrades. The solar portion of this program is a rebate that ranges from $0.20/Watt to $0.30/Watt depending on the number of energy upgrades you perform.
The NBTA Credit Union is currently offering preferred rates on loans (Prime + 1%*) to individuals who are upgrading their homes to more efficient technology such as solar energy. NBTA Credit Union contact number: 1-800-565-8626
CMHC offers a premium refund of up to 25% on the CMHC mortgage loan insurance premium when you buy or build an energy-efficient home, or you buy an existing home and make energy-saving renovations.
Advocate for PACE Financing
Do you want to install solar and see PACE financing in your municipality? Send them a message or we can reach out to them on your behalf.