C-PACE (Commercial Property Assessed Clean Energy) financing makes green energy upgrades more accessible and affordable. This innovative financing program is accelerating the green energy movement, and making a positive impact on many different stakeholders across Connecticut.
C-PACE is having far-reaching impacts for municipalities. With C-PACE, local economies grow stronger and towns’ and cities’ portfolios of energy-efficient buildings increase. C-PACE makes municipalities better places to do business and results in stronger and healthier communities for all.
C-PACE is a proven and familiar means of financing, and the Connecticut Green Bank is deeply experienced in making the process go smoothly. For all these reasons, nearly 130 of Connecticut’s 169 towns and cities, including Glastonbury, have chosen to participate in the C-PACE program, making green energy upgrades more accessible and affordable to building owners. Municipalities must pass a resolution and “opt in” to C-PACE to join the program and for their building owners to enjoy the benefits of green energy financing.
C-PACE Stakeholders include:
- Building owners
- Mortgage Holders
- Capital Providers
If you fall in one of the stakeholder categories above, click here to learn more about how the C-PACE program can benefit you/your business.