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Greg Frost Greg Frost

Energy-focused financing is gaining momentum. Renovate America’s HERO PACE program has funded more than 100,000 Energy Star-qualified renovations for single-family homeowners. In total, the HERO program has financed $3 billion in home improvements, and 40% of those have been Energy Star-certified. These renovations have saved homeowners upwards of $1 billion on their energy bills.

“More than 13,500 homeowners across San Diego County have used HERO to make energy or efficiency improvements to their homes since the program first became available here in 2014,” Greg Frost of Renovate America, tells GlobeSt.com. “Over half of the projects in the county financed by HERO have involved energy-efficiency improvements like Energy Star-certified air-conditioning units and replacement windows and doors: these upgrades are projected to save homeowners over $100 million on their utility bills over their expected useful lifetime.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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