SESK: Stuff Everyone Should Know · sesk.info/solar-pace-property-tax
With PACE solar financing, how is the loan usually repaid?
Through extra amounts added to your property tax bill.
- Through extra amounts on your property tax bill ✔
- Through your cell phone bill
- 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.
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.
- 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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