WASHINGTON, D.C. – As demand for solar energy surges across America, today the Solar Energy Industries Association (SEIA) and Alta Energy jointly released a white paper highlighting an underutilized financing tool that can help boost commercial and industrial (C&I) solar development nationwide.
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.
Learn about the newly launched Connecticut Property Assessed Clean Energy (C-PACE) program in Connecticut, and how the program will lead to more solar deployment in Connecticut while saving costs for consumers, protecting the environment, and creating jobs. The program allows the State’s newly formed “Green Bank”, the Clean Energy Finance and Investment Authority (CEFIA) to offer property assessed clean energy financing and program services to municipalities and commercial property owners throughout Connecticut. This unique program will serve as a model for other states to follow.