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Oklahoma County Commercial Property Assessed Clean Energy (C-PACE)
Oklahoma — state programClosing fee of 1.25% of the sum of eligible costs financed through C-PACE, with a minimum required fee of $2,500 and a maximum of $50,000; $250 nonrefundable application fee (may be counted toward closing fee)
C-PACE enables commercial property owners in Oklahoma County to receive low-cost, long-term private financing for energy efficiency, renewable energy (solar, wind, geothermal), water conservation, and building resiliency projects. Financing is repaid through a property assessment similar to ad valorem real property taxes. The program facilitates financing between approved private C-PACE capital providers and eligible commercial property owners.
Program details
- Type
- loan
- Amount
- Closing fee of 1.25% of the sum of eligible costs financed through C-PACE, with a minimum required fee of $2,500 and a maximum of $50,000; $250 nonrefundable application fee (may be counted toward closing fee)
- Eligibility
- Commercial property owners located within Oklahoma County
- Status
- open
- Administrator
- Oklahoma Industries Authority (OIA)
Source: Oklahoma — state program. Confirm current terms with the administering agency before applying.