What is Commercial Property Assessed Clean Energy (C-PACE) Financing
Commercial Property Assessed Clean Energy (C-PACE) financing enables owners of eligible existing commercial and industrial buildings to finance up to 100% of the costs related to energy efficiency, renewable energy, water conservation and resiliency improvements. Financing is provided by private capital providers at competitive rates with repayment terms up to 25 years. The program can also finance a portion (15-35%) of development costs associated with new construction projects. (copace.com)
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