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Philadelphia C-PACE

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    • Why C-PACE?
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Stakeholders

A number of different stakeholders benefits from C-PACE financing. See below for the major parties involved in most C-PACE transactions.

Property Owners

Property Owners can use C-PACE to cover 100% of their clean energy project costs and then make repayments over time through a special assessment similar to a property tax assessment.

Capital Providers

Capital Providers provide C-PACE financing to Property Owners. Capital Providers benefit from stable, long-term repayments secured by special assessments on the borrowers’ properties.

Engineers

Each C-PACE project must generate measurable energy savings or water usage reductions. Engineers evaluate the impact of each project.

Developers

Developers can use C-PACE financing for new construction buildings that exceed the code requirements. C-PACE helps developers build greener buildings while accessing competitive capital.

Mortgage Holders

Existing Mortgage Holders must provide written consent for the Property Owner to enter into a C-PACE financing agreement. Mortgage Holders benefit from increased collateral value and building cash flow associated with most C-PACE projects.

Why C-PACE?

C-PACE can help property owners achieve significant savings on their utility bills while reducing their carbon footprints.

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Ready to Apply?

Complete the Pre-Application form on our Program Resources page or contact us for more information.

Learn More

City Hall, 1400 JFK Blvd. Room 566
Philadelphia, PA 19107
215.686.4483
CPACE@philaenergy.org

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Administered by Philadelphia Energy Authority

  • Property Owners
  • Capital Providers
  • Engineers
  • Developers
  • Mortgage Holders