Category: C-PACE

Upgrading Commercial Buildings with C-PACE Financing

Why Clean Energy Needs to Be a Part of Greater Rochester’s Economic Development

A great deal of attention in Upstate and Western New York is given to economic development, and rightly so. In this period of climate disruption, water scarcity, and habitat loss, the region offers enormous potential. Famously, it’s adjacent to more than 20% of the world’s fresh water (the Great Lakes are the largest group of…
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Monday, April 11, 2022 0

Building Forward Better

  The opportunity, as we come out of the pandemic[1], is to reimagine our future and build forward to address the immediate challenges and create a better future. It’s not about “Building Back Better” but about “Building Forward Better.” To the extent that we fail to recognize this, the crises we face—of climate change, biodiversity…
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Sunday, July 18, 2021 0

C-PACE Now Available Across Much of Western New York

  Commercial Property Assessed Clean Energy (C-PACE) is available where a county or city has opted into the statewide C-PACE program, including the cities of Rochester, Buffalo, Syracuse, Schenectady, Troy, Niagara, and Ithaca (amongst others); and counties, including Albany, Chautauqua, Erie, Niagara, Wyoming, Yates, and most recently Monroe. This means that commercial property owners (which…
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Wednesday, July 14, 2021 0

Key Takeaways from the 2021 PACENation Summit

Interest in the PACE industry is clearly accelerating.  The excitement was palpable from the beginning at the PACENation Summit, with a strong emphasis right from the outset on Diversity, Equity, and Inclusion (DEI) from Summit Chair Kimberly Lewis. The PACE industry was one of the first to adopt a strong DEI policy, ensuring that access…
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Thursday, June 24, 2021 0

Case Study: Bushnell Theater (Hartford, CT)

Project Numbers: Total C-Pace financing cost = $384,000  Annual savings nearly $60,000 This study follows Lynn Robinson and David Fay who own and operate the Bushnell Theater in Hartford, CT. The owners were experiencing high energy costs due to a huge inefficient heating system that would be “all on, or all off.” They had even…
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Thursday, June 17, 2021 0

Monroe County Legislature Approves C-PACE

UPDATE: Monroe County’s C-PACE program is available immediately, according to a press release issued by Adam Bellow’s office on July 7: Monroe County Executive Adam Bello today announced that commercial building owners and developers in the county can now apply for financing to make energy upgrades through a program called OPEN C-PACE. https://www.monroecounty.gov/files/news/7.7.2021%20Open%20CPACE.pdf On June…
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Friday, June 11, 2021 0