With PACE solar financing, how is the loan usually repaid?

Through extra amounts added to your property tax bill.

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  1. Through extra amounts on your property tax bill ✔
  2. Through your cell phone bill
  3. Only when you sell the panels

Why: PACE adds the loan to your property taxes, so your tax bill can rise a lot. Missing those payments risks default and even foreclosure.

Huh, didn't know that: The FTC notes a property tax lien for PACE financing takes priority over your home mortgage.

The dad joke
Skunks don't have to pay taxes because they only have one scent.
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References

Answer: Through extra amounts on your property tax bill. PACE adds the loan to your property taxes, so your tax bill can rise a lot. Missing those payments risks default and even foreclosure.

  1. Treasury consumer advisory: Before You Purchase and Finance Solar Panels home.treasury.gov/system/files/136/Guide-Before-You-Buy-Solar-Panels-eng.pdf
    Through these programs, the loan amount is added to your property taxes, so your tax bill may increase by a lot.
    Checked 2026-10-10.

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