OC Sunergy is Orange County’s AB 811 or Property Assessed Clean Energy (PACE) Program.
This is an innovative program which will provide the upfront costs to install energy efficiency and renewable energy improvements on residential and commercial properties.
Property owners will save money by reducing energy consumption. The environment will also benefit from the reduction in greenhouse gas emissions.
OC Sunergy will also help stimulate the local economy through the demand for energy efficiency products, solar technologies, traditional contractors, solar installers and new job training curriculums.
Reduce utility bills and achieve significant savings for property owners and taxpayers of Orange County
Reduce greenhouse gas emissions.
The County and its 34 cities will partner to offer this program to property owners throughout Orange County. There will be no ongoing costs to the County or Cities as the program will be administered by a third-party Program Administrator, PFM Group. PFM Group will handle all aspects of the OC Sunergy program including marketing, bond financing, property owner participation and supervision of installation contractors. PFM Group has secured private financing for both the commercial and residential portions of the program.
Cities wishing to participate and provide this opportunity to their residents can opt-in at any time. Participating cities may be asked to assist with marketing by including an article about OC Sunergy in the city newsletter or on the city website. Cities will be provided a link that would direct interested residents to the OC Sunergy website.
AB 811 is a California assembly bill that was signed into law on July 21, 2008. It authorizes all California cities and counties to designate areas within which willing property owners can enter into contractual assessments to finance the installation of renewable energy as well as energy efficiency improvements that are permanently fixed to their property.
These financing arrangements would allow property owners to finance renewable generation and energy efficiency improvements through low-interest loans that would be repaid as an item on the property owner's property tax bill. The contractual assessments could not be used to finance the purchase or installation of appliances that are not permanently fixed to the real property.