Leases and PACE Financing: Full system leases and Property Assessed Clean Energy (PACE) programs allow homeowners to access energy storage systems with lower upfront costs. Leases involve monthly payments, while PACE programs repay loans through increased property taxes. . Step 2 briefly introduces common financing options and Steps 3 and 4 provide guidance for selecting mechanisms based on locational availability and organizational preferences. Whether you're developing new energy. . Energy Storage Agreement (ESA): The contract between project developer/owner and the utility. Utility procures one or more services. In 2023 alone, project financing. .