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SCEIP Application Disclosures SCEIP Application Disclosures

SCEIP Application Disclosures SCEIP Application Disclosures 2025

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The Sonoma County Energy Independence Program (SCEIP) provides financing for energy efficiency improvements and renewable energy installations on residential properties through an assessment contract. The document outlines important disclosures regarding the treatment of Property Assessed Clean Energy (PACE) assessments by lenders, including potential implications for property sales and refinancing. It emphasizes the need for property owners to understand their existing mortgage agreements, the risks involved in participating in SCEIP, and the responsibilities associated with the assessment lien that will be placed on their property.

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What is the meaning of pace loan?

A PACE (Property Assessed Clean Energy) loan gives you a way to borrow money for home improvements by increasing your property tax payment. PACE stands for Property Assessed Clean Energy.

What is a Sceip loan?

The Sonoma County Energy Independence Program (SCEIP) offers PACE financing for permanent energy, water, wildfire safety, and seismic strengthening improvements through the property tax system. Financing is available for residential, commercial, industrial, agricultural, multifamily and certain non-profit projects. Sonoma County Energy Independence Program - CA.gov ca.gov financing sonoma-coun ca.gov financing sonoma-coun

What is energy independence program?

Energy independence is the state in which a nation does not need to import energy resources to meet its energy demand. Energy security means having enough energy to meet demand and having a power system and infrastructure that are protected against physical and cyber threats. Energy Independence and Security energy.gov eere energy-independence-a energy.gov eere energy-independence-a