For Property Owners

Make your property more efficient with MinnPACE

Are you a hands-on business owner looking to upgrade your property while saving money? MinnPACE offers financing for energy-efficient improvements like HVAC replacements, solar panel installations, and building conversions.

Which Loan is Right for You?

When it comes to funding, you have options.

PACE

Discover how MinnPACE can help you finance energy efficiency, renewable, and resilience upgrades through a simple property tax assessment.

PACE Loans

Trillion BTU

See if the Trillion BTU loan is right for your project under $1M and start saving with cash flow-positive energy improvements.

Trillion BTU Loans

Why MinnPACE Works for You

No upfront costs.

You can finance your project through a property tax assessment, so you don’t need to dig into cash reserves.

No personal guarantees.

C-PACE financing is tied to the property, not your personal credit.

Flexible payments.

Start paying at least six months later, with just two payments a year.

Reinvest your savings.

Money saved on energy can go right back into your business.

Predictable costs.

Financing counts as an annual operating expense.

Cost sharing flexibility.

If tenants benefit from the upgrades, owners can pass along a share of the costs through the lease.

Fits your funding plan.

Use it as part of your capital stack or gap financing to reduce the cash or equity you need for the project.

Have Three Minutes? Check Eligibility Now.

Take the Eligibility Quiz

What You’ll Need to Apply

Before you apply for MinnPACE financing, here’s what you’ll need to gather:

1. Contractor Bid

Get a detailed bid from your contractor outlining the work to be done.

2. Energy, Water, or Resiliency Audit

Have a qualified professional complete a audit showing how much your improvements will save — either in energy use (measured and in dollars) or in greenhouse gas reductions.

3. Mortgage Holder Sign-Off

Your mortgage lender must sign the MinnPACE acknowledgment form.

4. Determine Market Value

Your loan can be up to 30% of your property’s market value or a certified appraisal, whichever is higher. For major rebuilds or new construction, the appraisal should reflect the as-designed and completed value.

5. Choose Your Lender

Select a lender through MinnPACE or Trillion BTU. If you’re not using the Trillion BTU loan, your lender will guide you through the MinnPACE application process.

Now you’re ready to apply

Once you have everything you need it’s time to take the next step.

Apply

Want to learn more on your own?

Our Property Owner Resources are packed with helpful info just for you.

See all Resources

Property Owners / FAQ

Have Questions? We’ve Got Answers.

Every project is unique — and so are your questions. Contact us today and we’ll help you see how MinnPACE can work for you.