CPACE for Commercial & Industrial Property Owners

If you are an industrial or commercial property owner, CPACE can help you meet your energy efficiency upgrade needs.

CPACE is available to provide 100% financing for energy saving upgrades, at affordable long-term fixed interest rates, for properties in Connecticut. CPACE helps owners and managers maximize financial performance by investing in renewable energy, energy efficiency, and water conservation.

PACE financing offers many benefits over conventional financing, including:

• 100% financing for project costs, including soft costs like energy audits and engineering
• Utility savings that exceed monthly debt-service payments to improve cash flows and net operating income on day one Enhanced asset value through improved cash flows and more efficient operations
• 20 year amortization at fixed rates, to enable deeper retrofits and reduce monthly costs for building owners
• Repayment through a tax assessment that transfers with the property title and is not tied to the borrower
• Simpler and more transparent projects through comprehensive energy modeling and independent engineering validation to ensure that energy savings are realized