What’s eligible for C-PACE?
With C-PACE, all sorts of energy improvement measures are possible – from energy efficiency measures that reduce the amount of energy a building uses, to clean energy solutions that produce renewable energy. As long as the lifetime savings from a project are greater than the total investment, it can qualify for C-PACE financing. Energy improvements like solar, HVAC, fuel switching and more are within reach, thanks to C-PACE.
Eligible energy upgrades
This list of energy efficiency and renewable energy technologies is a reference tool for the types of projects C-PACE is used to finance. If an upgrade is not included on this list, Connecticut Green Bank will review proposed additions on a case-by-case basis.
Non-energy-saving measures directly related to installation of an energy conservation measure may be determined as eligible and included in the financing as long as the project’s SIR remains greater than 1 and if the measure will benefit the qualifying commercial real property (e.g. a roof to support solar panels or the pipeline infrastructure as necessary to enable a natural gas conversion).