The Philadelphia C-PACE Program now has its own website. Visit PhiladelphiaCPACE.org for details on the C-PACE program, application process, case studies and more.
On July 17, 2020, the Philadelphia Energy Authority, Twain Financial Partners and SHIFT Capital announced the financial close of the first project in Pennsylvania to use Commercial Property-Assessed Clean Energy (C-PACE) financing. SHIFT Capital is borrowing $1,500,000 in C-PACE financing from Twain Financial to pay for energy and water efficiency upgrades to a new mixed-use development in the Kensington-Harrowgate neighborhood of Philadelphia. LEARN MORE
Commercial Property-Assessed Clean Energy (C-PACE) is a financing structure that allows commercial property owners to borrow money for energy efficiency, water conservation and clean energy projects. Repayments are made via a special assessment similar to a property tax assessment. C-PACE can help property owners achieve significant savings on their utility bills while reducing their carbon footprints.
PEA administers the Philadelphia C-PACE program. As Program Administrator, PEA reviews and approves applications, manages the billing and lien processes, engages in market education and supports the growth of the C-PACE program.
PEA is happy to speak to any interested party about the C-PACE Program.
- Email us at CPACE@philaenergy.org
- Call our office at 215-686-4483
For information on Pennsylvania C-PACE outside of Philadelphia, please visit pennsylvaniacpace.org.