Stop Kicking the Can: How PACE Solves Deferred Maintenance Without Killing Your Budget
Let’s be honest: No one gets excited about fixing an aging HVAC system or replacing a leaky roof. But ignoring these problems? That’s a recipe for skyrocketing energy bills, unhappy tenants, and a property that slowly loses value.
The problem isn’t wanting to fix these issues-it’s affording them. Traditional loans eat into debt capacity, and capital expenditures (CapEx) are often stretched thin. So, what’s the solution?
Enter TX-PACE: Your Secret Weapon for Deferred Maintenance
Texas Property Assessed Clean Energy (PACE) financing lets building owners tackle long-overdue upgrades without dipping into CapEx or taking on traditional debt. Instead, TX-PACE covers 100% of project costs—whether it’s replacing inefficient HVAC systems, upgrading lighting, or reinforcing your building envelope. The best part? You repay it over time, often with payments lower than the energy savings.
What Can You Fix with TX-PACE?
If your building is burning up cash through outdated systems, here’s how PACE can turn things around:
- Old HVAC systems draining your energy budget? Upgrade to high-efficiency models with no upfront cost.
- Roof on its last leg? TX-PACE covers replacements that improve insulation and efficiency.
- Leaky plumbing driving up water bills? Swap it out for modern, water-saving fixtures.
- Dim, outdated lighting? LED retrofits lower costs and improve safety.
- Drafty windows letting money fly out the door? Window replacements and insulation upgrades qualify, too.
Why TX-PACE is a Financial No-Brainer
Keep Your CapEx for Growth – Use PACE for necessary repairs while keeping cash available for revenue-generating projects.
Cut Operating Costs – Energy-efficient upgrades lower utility bills, often enough to offset your PACE payments.
Increase Property Value – A modernized, efficient building attracts tenants, reduces vacancies and is easier to insure.
Avoid Emergency Repairs – Proactively fixing issues now prevents expensive breakdowns later.
Real-World Results: Turning a Liability into an Asset -Family Support Services of Amarillo
A 65-year-old office building faced rising energy bills and an HVAC system on its last legs. The owner used TX- PACE financing to install a high-efficiency system and LED lighting, cutting electric usage by 85% resulting in an annual savings of $80,853! With lower bills and TX-PACE’s long repayment terms, the project was cash-flow positive from day one—without dipping into reserves.
Deferred Maintenance? Not Anymore.
Ignoring maintenance is expensive. With TX-PACE, you can fix it now, pay over time, and save money in the process. Stop letting your building’s inefficiencies drain your profits—upgrade with TX-PACE and watch your cash flow improve.
Ready to make the smart move? Let’s talk about how Texas PACE Authority can help you with your building today! To reach us directly, at admin@texaspaceauthority.org or call us toll free at 1-855-738-PACE (7223).
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