c-pace

The Green Bank offers solutions for commercial buildings of all types to access green upgrades to new and existing buildings. More modern, sustainable buildings help owners save money, reduce their environmental impact, and create better spaces for their tenants, employees, and residents. Expand your business by offering competitive, trusted C-PACE financing as a partner of the Green Bank.

c-pace

c-pace

What is C-PACE?

All types of commercial properties can use C-PACE (Commercial Property Assessed Clean Energy) for all types of green upgrades to new and existing buildings. Higher performing buildings are made possible thanks to an experienced contractor network and access to attractive financing repaid through a simple and secure repayment mechanism. Learn more about how the Green Bank makes C-PACE possible for retrofit and new construction projects.

It’s easy to get started!

Eligibility requirements

C-PACE works for nearly any type of commercial property in municipalities that participate in C-PACE. Manufacturing facilities, offices, retail establishments, houses of worship, nonprofits, and other buildings can all benefit from energy efficiency and clean energy updates through C-PACE.

See eligibility requirements

The property must be located within a municipality that has passed a resolution and opted into C-PACE. Find out if your town or city allows C-PACE.
The applicant must provide evidence that he or she is the legal owner of such property, and all legal owners of such property agree to participate.
The property must be a nonresidential property or a multifamily property containing 5 units or more.
The property must have a property tax identification number. For building owners who are exempt from property tax liability, the municipality can issue a property tax ID for collection purposes.
The property owner must provide evidence that the mortgage holder (or holders) on the property consents to the C-PACE assessment. The Green Bank will work with the mortgage holder to gain consent.
The borrower must sign a disclosure of risk form summarizing the risk for C-PACE financing.

How to get started

Step One: Sign up for a C-PACE training session for solar contractors or schedule a training session for energy efficiency contractors.
Step Two: Take a look at our resources for contractors, such as instruction guides, product guides, and marketing materials for your customers, as well as the C-PACE Program Guidelines.
Step Three: Fill out the contractor application to sign up with the Green Bank
Step Four: Start selling more green energy jobs!
Step Five: Continue to manage your projects and apply through the C-PACE financing application.

Advantages of offering C-PACE

C-PACE contractors realize great benefits when working with the Green Bank:

Trusted partner: The Connecticut Green Bank – a national leader in the green energy movement – has extensive experience working with contractors and building owners, and making C-PACE work for them. Building owners feel more comfortable closing projects when they know the Green Bank is a partner.
Sales support: C-PACE contractors have access to significant sales support. Training sessions and webinars, marketing materials, and technical support make it easier for contractors to find more deals. The Green Bank has the resources and know-how to support contractors at every step. Contractors benefit from technical review services that provide credibility to the energy savings projections that they present to building owners.
Get recognized: The Green Bank recognizes its C-PACE contractors by listing them on the C-PACE website as a C-PACE Registered contractor and by providing them program logos and materials. Contractors performing at a higher level may be recognized with an annual PACEsetter Award.
More business: C-PACE creates value for building owners with energy upgrades that pay for themselves through energy savings. Contractors who offer C-PACE can capitalize on green energy opportunities to build more business. C-PACE contractors gain access to new customers across many industries and building types and can develop deeper, more comprehensive, and more profitable projects.

C-PACE options for retrofit projects and developing or repositioning buildings

c-pace retrofit financing →

Building owners can increase their building’s value and comfort with financing for green improvements, including energy efficiency and renewable energy.

Learn More