C-PACE financing is available in 40 states plus Washington D.C. as of the latest information. However, it is not currently available in all municipalities within these states, as the adoption and operational status can vary. Specifically, for states where C-PACE is not fully operational or is still in development, the following can be noted:
- New Jersey: C-PACE is not yet available, though it is in the early stages of development. Guidelines for the Garden State C-PACE program were approved in October 2024, and municipalities are just starting to opt in.
- Alabama: C-PACE is in development, with detailed parameters such as available lookback, max term, and eligibility for new construction yet to be defined.
- Vermont: Similar to Alabama, C-PACE is in development without specific details on availability or terms.
Since C-PACE requires enabling legislation and local program implementation, it’s not universally available within every state. Even in states where it is generally available, individual municipalities may not have active programs, though these states themselves are considered “C-PACE-enabled”.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/are-there-any-states-where-c-pace-financing-is-not-available/
