Skip to main content

Opening C&I Solar Markets with C-PACE

Share

The US solar industry is largely concentrated on the East and West Coasts (Fig. 1), and with good reason: coastal markets have high energy prices, attractive incentives, and diverse ownership models that allow commercial property owners to decide their appetite for investment. However, the majority of US states see lackluster commercial solar development. This challenge can be addressed using Commercial Property Assessed Clean Energy (C-PACE), a financing tool that allows a property owner to finance 100% of the cost of solar and/or energy efficiency upgrades as a voluntary property tax assessment on a commercial building for to 10-30 years. The assessment is tied to the building, not the tenant, and can be passed from owner to owner via property sale. It is considered financed ownership, not third-party owned solar.

This whitepaper provides an overview of C-PACE and how it can be used to encourage the growth of commercial and industrial (C&I) solar markets in the United States. 

Resource Type

Browse Resources by Related Topics:

Tags

Related Resources

Friday, Sep 24, 2021

Solar Industry Letter to Senator Kyrsten Sinema in Support of Robust Clean Energy Policies

85 solar companies with operations in Arizona sent a letter to Senator Kyrsten Sinema, articulating the industry's priorities for strong clean energy policies in upcoming legislation, and the impact and potential of accelerating clean energy deployment for Arizona's economic future. 

Read More
Tuesday, Sep 21, 2021

Solar Industry Letter to Commerce Secretary Opposing New Solar Tariffs

More than 200 solar companies signed a letter to U.S. Secretary of Commerce Gina Raimondo, urging the department to reject an anonymous petition to expand the scope of antidumping and countervailing duties (AD/CVD) on solar imports, which would harm the U.S. solar industry and the nation's climate goals. 

Read More