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C-PACE Retrofit Financing
Connecticut — state programup to 100% of eligible green energy upgradesDeadline: rolling
C-PACE retrofit financing allows Connecticut building owners to install green energy upgrades (solar panels, lighting, EV charging infrastructure, HVAC, insulation, motors, windows, pumps, and more) and pay for them over time through a municipal-style property assessment. The Green Bank or a qualified capital provider finances the project.
Program details
- Type
- loan
- Amount
- up to 100% of eligible green energy upgrades
- Deadline
- rolling
- Eligibility
- Connecticut building owners. An energy audit or feasibility study must be completed. Upgrades must lower energy consumption or enable clean energy production, must be permanently affixed to the property (with limited exceptions), and all energy measures together must meet a savings-to-investment ratio greater than 1 (except EV charging infrastructure where exempted). The assessment term must not exceed the weighted average expected useful life of the measures unless approved by the Green Bank. All transactions require Green Bank approval.
- Status
- open
- Administrator
- Connecticut Green Bank
Source: Connecticut — state program. Confirm current terms with the administering agency before applying.