UPDATE March 21, 2022: Since the House passed HB 1760 on January 24th, no action has been taken to advance C-PACE expansion legislation despite broad, bipartisan support. Either the House or the Senate must vote to approve the other chamber’s bill for C-PACE legislation to be sent to Governor Wolf for his signature.
If you are a developer or capital provider with a project that is impacted by this delay and are willing to contact key legislators to demonstrate your support of the bill’s passage, please contact Matt Stern at email@example.com for more information.
Please also note that should the C-PACE expansion bill be passed into law at the state level, there is a 60-day waiting period before it can take effect. Upon passage at the state level, counties must also implement necessary local updates including amendments to ordinances and program guidelines to allow projects to be financed under the expanded guidelines. Implementation timelines will vary county by county.
UPDATE January 24, 2022: HB 1760 passed the House 200-0! Both the House and Senate bills have made it through their respective chambers. One chamber will need to approve the other’s bill before it can be sent to Governor Wolf for signature.
UPDATE January 12, 2022: HB 1760 was referred to House Appropriations on January 12. Before being referred, the bill was amended to ensure that the language of the bill was identical to its Senate counterpart SB 635, a procedural step that helps prime the bill for passage.
UPDATE December 15, 2021: On its last day in session in 2021, SB 635 was passed by the Senate by a vote of 42-8! The House and Senate are now adjourned until the new year. When they return in late January, HB 1760 will first need to be passed out of Appropriations before it’s ready for a full House vote.
UPDATE December 13, 2021: HB 1760 was voted unanimously out of the House Commerce Committee!
Adopted in 2018, Pennsylvania’s Commercial Property-Assessed Clean Energy (C-PACE) financing allows commercial property owners to borrow money for energy efficiency, renewable energy, and water conservation projects. Repayments are made via a special assessment similar to a property tax assessment.
In the program’s first two years, C-PACE brought $72 million of private capital to the Commonwealth to make its buildings more efficient, more comfortable, and less expensive to operate.
Given the success of the C-PACE program to date, Philadelphia Energy Authority (PEA) and many other organizations are supporting proposed legislation to expand C-PACE-eligible projects in Pennsylvania.
The legislation would expand eligibility for C-PACE funding to include:
- Multifamily commercial buildings of 5+ units
- Indoor air quality improvements (such as COVID-19 mitigation)
- Resiliency improvements
Legislation to expand the scope of C-PACE-eligible projects has been introduced in both the Pennsylvania House of Representatives and Senate. To expand the benefits of C-PACE financing to Pennsylvania’s businesses, clean energy workforce, and residents, we need your help.
For more background on the expansion legislation, please visit Keystone Energy Efficiency Alliance’s C-PACE website.