According to the Sterling Journal-Advocate, Logan County commissioners are considering a state-level initiative to help businesses make energy efficiency and renewable improvements. Called the Colorado Commercial Property Assessed Clean Energy program, or C-PACE, the initiative “enables owners of eligible commercial and industrial buildings to finance up to 100% of energy efficiency, renewable energy and water conservation eligible improvements.” In northeastern Colorado, Weld County is already taking advantage of the program, with Morgan County also considering the proposition.
C-PACE is administered by Sustainable Real Estate Solutions of Connecticut, in partnership with the Colorado Energy Office. The program is already in use in 26 Colorado counties, and being considered by 11 more. The Journal-Advocate mentions Logan County commissioners “appeared generally favorable” in their August 27th meeting. While the program is used statewide, it seems like an especially important tool for small businesses in rural areas, which can struggle with financing of all sorts, much less for energy efficiency, renewables, and water conservation.
Energy Resource Center is committed to energy efficiency and water conservation improvements for homes across 27 counties in Colorado, including the northeast plains, most of the Front Range, and the entire San Luis Valley. Our mission is to improve home energy efficiency, conserve energy, promote health, increase comfort, and expand Coloradans’ quality of life.
Find the Sterling Journal-Advocate article here.
Find out more about C-PACE at their website, here.
You can learn more about Energy Resource Center’s programs, including how to qualify, here.