Renew Financial was founded in 2008 by a multidisciplinary team of experts in finance, technology, operations, and government policy to innovate the Property Assessed Clean Energy (PACE) financing model. We specialize in affordable financing for renewable energy and energy efficiency projects, and we are developing an array of financing products that will help move America toward a clean energy model.
We created PACE, which Scientific American hailed as an "idea that will change the world." Homeowners get low-cost, upfront funding for important energy efficiency, renewable energy, and water efficiency improvements that they can easily repay on their property taxes.
We created PACE, which Scientific American hailed as an "idea that will change the world." Homeowners get low-cost, upfront funding for important energy efficiency, renewable energy, and water efficiency improvements that they can easily repay on their property taxes.
Services
PACE is an easy-to-use financing solution that allows you to make home improvements with no money down. Financing is paid back over time as part of your property taxes and qualification is not based on your credit score.* PACE features a speedy approval process, flexible payment terms, and access to trusted home improvement contractors that Renew Financial has carefully screened.
Now you can help homeowners who think they have run out of financing options. With PACE, your customers can stop worrying about credit scores and high-interest rates - and start improving the energy efficiency and safety of their homes. What could be better than happy customers and more lucrative deals?
With so much misinformation floating around, many homeowners wonder whether the Property Assessed Clean Energy (PACE) program is a legitimate option for home improvement financing or merely another scheme. Extreme weather like heat waves that can cause power plants to falter and storm surges that can.
Reviews (18)
Mary Parrish
Jan 27, 2022
Report
Renew Financial has been such a blessing for my family, especially while enduring one of the most difficult periods of our lives. Renew's financing allowed me to install solar panels which have helped me save money so I can focus on my family as we adjust to our new normal. I highly recommend Renew Financial.
Debora Alvarez
Oct 30, 2021
Report
Kim F.
Dec 02, 2020
Report
This reply to me is a misrepresentation to your Facebook response in itself. Your response on Facebook was brief and you immediately blocked me from messaging you a response.
I was told by your call center supervisor that it was Renew Financial and that is all I need. I do not need to get license numbers to prove my case. Maybe you should investigate who is out there fraudulently using your business name if your claims are true.
Magically the calls have stopped since my complaints.
No need for further discussion. The reviews of your company and your business practices speak for themselves
I was told by your call center supervisor that it was Renew Financial and that is all I need. I do not need to get license numbers to prove my case. Maybe you should investigate who is out there fraudulently using your business name if your claims are true.
Magically the calls have stopped since my complaints.
No need for further discussion. The reviews of your company and your business practices speak for themselves
Rebecca R.
Oct 28, 2020
Report
Ma S.
Aug 21, 2020
Report
Worst company ever !!! Do not do business with them, please stay away !!! I have never heard about these type of loan until our mortgage bill increases significantly, with my due diligence in what I've gathered, a construction company processed a claim loan against our property. Apparently, they process everything electronically so the construction company was able to hack all the info needed to get in and complete the process with them as being us. With that being said, the construction company made a dummy construction company who only to process claim indicating they will be completing
Michael Aldrich
Dec 27, 2019
Report
Applied for a solar panel loan 1 month before my contractor was ready to start the project, Renew called me a couple days later to ask me to give them screenshots of my mortgage statement which I provided. Didn't hear anything back for a couple of days, emailed and left voice messages to ask the status, they did not respond. almost a month after the project is done they call asking me if I still want to move forward with the project. Very unprofessional. They don't really value your time.
Anvar Norouzi
Nov 27, 2019
Report
Do not be fooled by these fly by night companies. They will charge you an unbelievable amount of fees, your interest rate will be near 10% if not more, and they will attach a lien against your house. There is a class action on going in Southern California due to the fraud perpetuated by these “green” finance companies. I just caution anybody to read the fine print, and ask yourself why they do not care what your credit rating is. It is because you’ll spend the next 30 years paying the loan off, and if you miss a payment.... no worries, they’ll begin foreclosure proceedings against you and
Maree W.
Nov 19, 2019
Report
Less than 1 Star. We paid off our loan after two years. Robbed us blind. THEN took our tax lien payment. Instead of refunding us immediately (it went to them electronically from tax assessors office),we were told in no uncertain terms that we would not receive refund until October AND and no interest attached. It's now the middle of November and they are still collecting interest in my tax payment. Why are they holding my money? Why? It's completely paid off in March 2019!!!
I have filed a complaint with BBB and CFOB (consumer fraud). I hope like hell they shut this "business"
I have filed a complaint with BBB and CFOB (consumer fraud). I hope like hell they shut this "business"
Cedric Brewer
Oct 29, 2019
Report
Carol C.
Oct 23, 2019
Report
Lacy C.
Apr 05, 2019
Report
Gary M.
Mar 19, 2019
Report
Robert L.
Mar 14, 2019
Report
Waste of time, They mess up all the paperwork, string you along, charge high fees then can't deliver as promised in their contract. You end up dealing with a minimum wage employee who could care less. AND THEY RUN YOUR CREDIT AND DAMAGE YOUR SCORE. Stay clear unless you are really in a jam and have water falling into your house.
Eric Domejean
Dec 20, 2018
Report
Took 1 year to process a refund. Then they took out a fee for their horrible service. This company hides behind an adminstrator named David Taussig and associates which sole function is to act as an obstruction and provide mis information for this company.
Avoid renew financial, they have no ethics.
Avoid renew financial, they have no ethics.
Chrystal Marco
Oct 31, 2018
Report
Natalie S.
Jun 05, 2018
Report
Had gross problems with our contractor, Canopy Energy, a company that sparkles on the web--but left us wondering how they could possibly get that "sparkle." A representative from Renew Financial got the right personnel to get involved. Even then, there was a wave, a strong tendency, to cultivate us into being complainers. The Renew Financial somehow established a better network of communication between its own executive branch and its own front line employees who seemed to be doing a deliberate job of screwing the work up--really and noticeably. As such, the work was completed only days before
Ted M.
Jun 05, 2018
Report
I am a contractor that used Renew for a pace loan.
The job has been completed for 2 months and the we have not been paid.
No body at renew will return calls. You can t talk to a live person.
I hired a lawyer and sent them a demand letter. No response.
They have let go many people in the company.
Maybe going out of business. If you use them you also may lose.
The job has been completed for 2 months and the we have not been paid.
No body at renew will return calls. You can t talk to a live person.
I hired a lawyer and sent them a demand letter. No response.
They have let go many people in the company.
Maybe going out of business. If you use them you also may lose.
Jose Barrera
Jan 29, 2018
Report