Commercial Property Assessed Clean Energy (C-PACE) financing makes green energy upgrades more accessible and affordable to building owners. This innovative financing program is accelerating the green energy movement, and making a positive impact on many different stakeholders across Connecticut.

C-PACE is a proven and familiar means of financing, and the Connecticut Green Bank is deeply experienced in making the process go smoothly. For all these reasons, nearly 130 of Connecticut’s 169 towns and cities, including Glastonbury, have chosen to participate in the C-PACE program. Municipalities must pass a resolution and “opt in” to C-PACE to join the program and for their building owners to enjoy the benefits of green energy financing, which Glastonbury has completed.

C-PACE Stakeholders include:

• Building owners
• Contractors
• Municipalities
• Appraisers
• Mortgage Holders
• Capital Providers

If you fall under one of the categories listed above, visit the C-PACE website to learn more about how the program can benefit you/your business.

Note: Effective October 1, 2022, Public Act. 22-6 has been updated. Section 1. Section 16z-40g of the general statutes has been repealed with substitutions that expand eligibility for the C-PACE program to include installation of zero emission vehicle charging infrastructure and resilience improvements on qualifying commercial property.  Please click here to view the updates to this public act.

If you have any questions regarding this act or the substitutions referenced above, please contact Catherine Dunkan at (860) 258-7831.