Commercial PACE

First Pennsylvania C-PACE Deal Inked: $1.5 Million of Energy and Water Efficiency Investments in Philadelphia

PHILADELPHIA ENERGY AUTHORITY FOR IMMEDIATE RELEASE DATE: JULY 17, 2020 CONTACT: Maryrose Myrtetus, Philadelphia Energy Authority, 215-431-5641 (cell), mmyrtetus@philaenergy.org Philadelphia, July 17, 2020 – The Philadelphia Energy Authority, Twain Financial Partners and SHIFT Capital announced today the financial close of the first project in Pennsylvania to use Commercial Property-Assessed Clean Energy (C-PACE) financing. SHIFT Capital is […]

Using C-PACE to Free Up Capital and Reduce Costs in the Covid-19 Economy

As individuals and businesses across the country continue to navigate the difficult Covid-19 situation, the Philadelphia Energy Authority continues to operate the Philadelphia Commercial Property-Assessed Clean Energy (C-PACE) program to help commercial building owners reduce their carbon footprints while improving their financial health. C-PACE provides long-term, fixed-rate and low-cost capital to commercial property owners for […]

C-PACE Program FAQs (April 2020)

PEA receives a lot of nuanced questions about the Philadelphia C-PACE program. Below are a few of the most common recent inquiries. As always, feel free to reach out to CPACE@philaenergy.org with any C-PACE questions you may have. Q. How has the COVID-19 pandemic affected the Philadelphia C-PACE program?  A. As the COVID-19 situation continues […]

PEA Launches Philadelphia C-PACE Program to Spur Commercial Solar and Energy Efficiency Market in Philadelphia

For immediate release: October 23, 2019  Contact: Maryrose Myrtetus, mmyrtetus@philaenergy.org, 215-686-4483 Philadelphia, October 23, 2019 – Council President Darrell L. Clarke (5th District), Councilmember Derek S. Green (At Large) and the Philadelphia Energy Authority (PEA) announced the launch today of Philadelphia’s Commercial Property Assessed Clean Energy (C-PACE) program. C-PACE lets commercial and industrial building owners finance […]

Mayor Signs Solar Week Bills to Support Clean Energy Future

For immediate release: August 14, 2019 Published by: Office of Sustainability, Office of the Mayor Contact: Kelly Cofrancisco kelly.cofrancisco@phila.gov (215) 686-6210  PHILADELPHIA — Today as part of the City’s Solar Week festivities, Mayor Jim Kenney signed two bills into law to further the City’s commitment to a clean energy future. “Philadelphia is ramping up our efforts to fight climate change and convert to renewable energy,” […]