C-PACE financing is prevalent in several states across the U.S., although specific data on the most prevalent states can vary. Here are some key points:
- States with Established Programs: More than 30 states have active C-PACE programs. States like California, Connecticut, Florida, and Illinois are notable for their long-standing involvement in C-PACE financing, though specific prevalence metrics aren’t detailed.
- Recent Legislative Progress:
- Georgia: While not yet fully implemented statewide, C-PACE is operational in Atlanta since September 2023, with legislation passed to enable a statewide program in April 2024.
- Idaho: Offers C-PACE financing through legislation allowing energy efficiency, renewable energy, water conservation, and resiliency measures.
- New Mexico: Several counties and municipalities have opted into the program, indicating growing activity.
- North Carolina: Recently adopted C-PACE, with New Hanover County being the first municipality to implement it.
- Investment Levels: As of recent reports, cumulative C-PACE investment is substantial, with over $8 billion invested in projects, but specific state rankings by investment volume are not detailed in the provided information.
Overall, while C-PACE is available in many states, its prevalence in terms of actual project volume or investment can vary widely based on local adoption and market conditions.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/are-there-any-specific-states-where-c-pace-financing-is-more-prevalent/
