Funding your next Capital Project

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C-PACE Financing offers a viable funding option for capital building upgrades. It continues to gain momentum in Pennsylvania as a great tool to finance energy efficient building improvements.

Our Energy and Sustainability Team is here to help. From the necessary assessment and modeling pre-requisites, to the project establishment and application process all the way to the technical components of taking your improvement project to completion- we’ve got you covered.

To help you get started in uncovering your opportunity for financing, we turned to the financing administrators to provide you with all the simple and sweet details you need to know.

What is C-PACE Financing?

Commercial Property Assessed Clean Energy (C-PACE) is an innovative financial tool for property owners to obtain low-cost, long-term financing for projects. C-PACE can provide up to 100% funding of total project costs by placing a special voluntary assessment on the property that repays the costs of the upgrades including equipment, labor and soft costs. Because C-PACE is attached to a property assessment, it is a very secure form of financing.

Who’s Eligible?

Commercial properties, tax-exempt organizations, commercial portions of mixed-use buildings, and new construction projects.

What are Eligible Projects?

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  • Energy Efficiency: This includes HVAC upgrades, building controls, LED lighting, green roofs, geothermal energy, heat recovery, and high efficiency equipment such as chillers and heat pumps

  • Water Conservation: This includes any project that will demonstrate water savings including high-efficiency equipment, condensate water reuse, low-flow fixtures and more

  • Renewable Energy: This includes improvements such as solar power, wind power, fuel cell, solar thermal and methane gas from landfills and anaerobic digestion, and more.

What are Key Requirements?

  • Project must be approved by your county’s Program Administrator.

  • $100,000 minimum financing amount and 95% lien-to-value limit

  • Financing term cannot exceed the weighted average expected useful life of the installed measures (max. 30 years)


For More Information: https://pennsylvaniacpace.org/


Does this information speak to you?
Let’s get you started on acquiring your funding. Give us a call.

Paul Spiegel, PE, LEED AP | Director Energy and Sustainability Services | paul.spiegel@ssmgroup.com