Commercial properties and large residential developments in participating municipalities can apply for financing that covers 100% of the upfront costs for renewable energy and energy efficiency projects. Eligible properties include commercial, industrial, non-profit, mixed-use, agricultural, and multi-family units. Projects greater than $100,000 may be eligible for C-PACE. Applicants must show that projects save more money than they cost over their lifetimes. Repayment periods can stretch up to 20 years. Some completed projects may even be eligible for retroactive Property Assessed Clean Energy Program (PACE) financing.
