Pennsylvania C-PACE
Commercial Property Assessed Clean Energy, or C-PACE, helps eligible commercial property owners access long-term financing for energy efficiency, renewable energy, water conservation, indoor air quality and resiliency improvements.
ELIGIBLE IMPROVEMENTS
What Can C-PACE Finance?
C-PACE financing can support a wide range of improvements to eligible commercial, industrial, agricultural and multifamily properties.
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Energy Efficiency
Eligible measures may include LED lighting, HVAC upgrades, geothermal systems, heat recovery and high-efficiency equipment such as chillers and heat pumps.
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Renewable Energy
Eligible improvements may include solar photovoltaic systems, wind power, fuel cells, solar thermal systems and other qualifying renewable energy technologies.
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Water Conservation
Qualifying projects may include equipment and improvements designed to achieve measurable reductions in water consumption.
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Resiliency
Eligible resiliency measures can help properties better withstand or recover from events that may affect building operations.
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Indoor Air Quality
Qualifying indoor air quality improvements may also be eligible for C-PACE financing.
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Multifamily Housing
Eligible multifamily properties may use C-PACE financing for qualifying improvements that meet program requirements.
THE FINANCING PROCESS
How C-PACE Works
C-PACE financing is tied to the property through a voluntary special assessment. Once a participating county or municipality establishes a C-PACE program, eligible property owners can develop a qualifying project and secure financing through a C-PACE capital provider.
The assessment is associated with the property and collected through the participating local government’s assessment process.
Is C-PACE Available in Your County?
C-PACE must be established locally before property owners can participate. Counties and qualifying municipalities in Pennsylvania can adopt a C-PACE program, making financing available for eligible properties within the participating district.
Visit the Pennsylvania C-PACE Counties website to find participating counties and learn more about C-PACE availability in your area.
PROGRAM ADMINISTRATION
Regenerative Energy Initiative’s Role
Regenerative Energy Initiative serves as a C-PACE Program Administrator for participating local governments in Pennsylvania.
We provide counties and municipalities with a uniform program administration platform and serve as a point of coordination among property owners, local governments, qualified contractors and C-PACE capital providers. Regenerative Energy Initiative reviews proposed projects for compliance with applicable C-PACE Program Guidelines and certifies projects that meet program requirements.
PROGRAM RESOURCES
Pennsylvania C-PACE Program Guidelines
The Pennsylvania C-PACE Model Program Guidelines provide a consistent framework for local governments that establish C-PACE programs and for property owners, capital providers and other parties participating in them.
The guidelines address program administration, property and project eligibility, application requirements, project review and other program requirements.
See C-PACE in Action
C-PACE has helped finance energy and building improvements for properties across Pennsylvania. Visit the Pennsylvania C-PACE website to explore completed projects and learn how property owners are using C-PACE financing.