Assistance program
Powering Affordable Clean Energy (PACE) Program
$422.1 Million committed in FY2024–FY2026
- Agency
- Rural Utilities Service, Agriculture, Department of
- Assistance
- Not Applicable
- CFDA number
- 10.757
- What it does
- The Powering Affordable Clean Energy (PACE) Program is intended to provide loans to qualified applicants to finance power generation projects for Renewable Energy Resource systems or Energy Storage Systems that support Renewable Energy Resource projects. The goal of the PACE Program is to support clean, affordable energy growth across America. The PACE Program provides loans to eligible entities, with varying levels of loan forgiveness, for projects that generate and/or store electricity from renewable energy resources.
- Who benefits
- Not Applicable
- Who applies
- Rural electric cooperatives, federally recognized Tribes, public utility districts, municipalities, corporations, and other qualified entities which generate and/or store electricity generated from renewable energy resources.
- Authorized by
- Public Law 117-169
Committed by fiscal year
* FY2026 is year-to-date — the fiscal year is still in progress, so its total is still filling in. The striped band and dashed line mark that provisional stretch.
Top recipients
By dollars committed.
How to read these numbers
- Committed through this program
Money committed under this assistance listing (its CFDA program), counted in the year each action happened.
- How it's paid
Most programs pay out one way — a grant, or a direct payment to individuals; the flow bar only appears when a program genuinely mixes types.
- Some recipients aren't itemized
For entitlement programs like Social Security and Medicare, the government reports one aggregate instead of naming tens of millions of people, so the recipient roster isn't part of the public record.
- Awards, counted once
An award count is the number of distinct awards with at least one action that year — each counted once, however many times it was amended.
- The colored bars
Every bar on this page splits by how the money moves:
Direct payments