C-PACE (Commercial Property Assessed Clean Energy) financing supports a wide range of energy efficiency and renewable energy upgrades in commercial properties. Eligible upgrades typically include projects that improve energy or water efficiency, enhance resiliency, or support the installation of renewable energy systems. Here are some common types of energy efficiency upgrades eligible for C-PACE financing:
Eligible Energy Efficiency Upgrades:
- HVAC Upgrades: Improvements to heating, ventilation, and air conditioning systems to increase efficiency.
- High-Efficiency Lighting: Upgrades to LED lighting systems.
- Insulation and Building Envelope Improvements: Enhancements to insulation, windows, and glazing to reduce energy loss.
- Boilers, Chillers, and Furnaces: Upgrades to these systems to improve efficiency.
- Automated Building Controls: Installation of building management systems (BMS) or energy management systems (EMS).
- Roof Replacement with Energy Efficiency Improvements: Installing reflective roofs, enhanced insulation, or preparing the roof for solar panels.
Eligible Renewable Energy Upgrades:
- Solar Photovoltaic Systems: Installation of rooftop solar panels.
- Solar Thermal Systems: Systems that use solar energy for heating water or spaces.
- Geothermal Systems: Systems using geothermal energy for heating or cooling.
- Small Wind Systems: Installation of small wind turbines for electricity generation.
Additional Eligible Measures:
- Water Efficiency Upgrades: Installation of low-flow faucets and toilets, and efficient irrigation systems.
- Electric Vehicle Charging Stations: Infrastructure to support electric vehicles.
- Building Energy Management Systems: Systems that monitor and control energy usage in buildings.
These upgrades must be permanently affixed to the property and have a useful life of at least 10 years to qualify for C-PACE financing.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/what-types-of-energy-efficiency-upgrades-are-eligible-for-c-pace-financing/
