Yes, C-PACE financing can be used for both energy efficiency and water conservation projects. This financing tool is designed to support sustainability improvements in commercial properties, including energy efficiency, renewable energy, water conservation, seismic resiliency, and wildfire hardening measures. Eligible measures include HVAC upgrades, building envelope improvements, renewable energy installations, and equipment or processes that demonstrate significant water savings. C-PACE financing offers 100% upfront funding for these measures, providing businesses with long-term, fixed-rate loans that can be repaid through annual property tax assessments.
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