Municipality

C-PACE financing: Improving the environment for business – and the whole community

Commercial Property Assessed Clean Energy (C-PACE) is an innovative program administered by the Connecticut Green Bank that is helping commercial, industrial, non-profit and multi-family property owners access affordable, long-term financing for green energy upgrades to their buildings.

And for municipalities, C-PACE is having far-reaching impacts. 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 have already chosen to participate in the C-PACE program, making green energy upgrades more accessible and affordable to building owners.

C-PACE Projects

Shagbark Lumber: $68,620 in saved energy costs

A multiplex sports facility scores more than $90,000 in annual energy savings

This house of worship is saving more than $13,000 in energy costs annually