C-PACE (Commercial Property Assessed Clean Energy)
C-PACE (Commercial Property Assessed Clean Energy) supports Connecticut property owners and developers with financing for green energy upgrades that improve building performance and long-term energy savings.
Funder: Connecticut Department of Economic and Community Development
Due Dates: No application deadline specified
Funding Amounts: 100% financing for energy improvements
Summary: C-PACE finances green energy improvements to Connecticut properties to support higher-performing buildings and long-term energy savings.
Key Information: This is repayable financing, not a traditional grant.
Description
Connecticut’s Commercial Property Assessed Clean Energy (C-PACE) program makes green energy upgrades more accessible and affordable through financing for a wide range of property improvements. Listed on the Connecticut Department of Economic and Community Development’s (DECD) Energy Assistance page and presented through Connecticut Green Bank, the program supports upgrades to new and existing buildings. Its focus is on improving building performance and helping property owners modernize their properties.
C-PACE combines access to financing with an experienced contractor network and a repayment mechanism. The program also provides resources tailored to property owners and developers, contractors, municipalities, capital providers, mortgage holders, and appraisers. DECD can separately help businesses assess energy options and identify investments offering sustained long-term savings.
