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Philadelphia C-PACE Webinar
October 30 @ 1:00 pm - 2:30 pm
Pennsylvania was the 36th state to authorize the creation of C-PACE financing when Governor Tom Wolf signed it into law on June 12, 2018. With the leadership of Councilmember Derek Green, Philadelphia City Council authorized C-PACE for the City of Philadelphia on July 20, 2019 and assigned PEA as Program Administrator. The bill was signed into law by Mayor Kenney on August 14, 2019.
C-PACE lets commercial and industrial building owners finance energy and water efficiency improvements and renewable energy installations through a special assessment similar to a property tax assessment. C-PACE will help kickstart the commercial solar market in Philadelphia and support both new construction and retrofit projects to install more energy efficient equipment.
On this call, PEA will discuss project eligibility requirements, financing requirements and the application process. There will be time for questions.