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Rhoads Industries closes $15MM C-PACE financing

The largest C-PACE financing in Philadelphia and Pennsylvania The Navy Yard Building 57 (“Building 57”), home to Rhoads Industries, located at 1900 Kitty Hawk Avenue, Philadelphia, PA 19112, utilized $15 Million of Commercial Property Assessed Clean Energy (C-PACE) capital to finance the high efficiency interior and exterior improvements incorporated into the renovation of approximately 270,000…Read More

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Roof Project? C-PACE Can Help With That.

Roof improvements are critical to building health and efficiency. But they can also be expensive. Fortunately, C-PACE can finance roof improvements made in tandem with ongoing building improvements, roof work on new construction projects, and rooftop projects like solar and green roofs. There are a variety of roof improvement projects that can increase a building’s…Read More

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…Read More

Philadelphia Opens Applications for New Solar Rebate to Encourage Property Owners to Install Solar

The City of Philadelphia’s Office of Sustainability and the Philadelphia Energy Authority have opened applications for the Philadelphia Solar Rebate, an incentive program to encourage property owners to install solar photovoltaic systems in Philadelphia by providing $0.10 per watt to commercial projects and $0.20 per watt to residential projects ($1,000 for an average row home…Read More

Philadelphia Energy Authority (PEA) COVID-19 Update

As the COVID-19 situation continues to evolve, PEA remains focused on keeping our programs up and running while keeping our team, students and partners safe. PEA staff will be working remotely going forward, but all programs will be fully operational during that time. As you know, the coronavirus news changes day by day, so we…Read More