Powering Affordable Clean Energy (PACE) Program

Objective

The Powering Affordable Clean Energy (PACE) Program is intended to provide loans to qualified applicants to finance power generation projects for Renewable Energy Resource systems or Energy Storage Systems that support Renewable Energy Resource projects. The goal of the PACE Program is to support clean, affordable energy growth across America. The PACE Program provides loans to eligible entities, with varying levels of loan forgiveness, for projects that generate and/or store electricity from renewable energy resources.

Who Can Apply

• Other

Rural electric cooperatives, federally recognized Tribes, public utility districts, municipalities, corporations, and other qualified entities which generate and/or store electricity generated from renewable energy resources.

Assistance Types

• Direct Loan

Program Contact

christopher.mclean@usda.gov
2027209545