Colorado Commercial Property Assessed Clean Energy (C-PACE) Program
C-PACE enables Lafayette owners of eligible commercial and industrial buildings to finance up to 100% of energy efficiency, renewable energy, and water conservation eligible improvements. Financing is provided by private Capital Providers at competitive rates with repayment terms up to 20 years.
This year the Lafayette Green Business Program offers C-PACE assistance for financing. For more information, check out the application on the Green Business page.
"Power of PACE"
Lafayette building owners are empowered to modernize building energy infrastructure, lower energy costs, and increase building comfort and asset value – with no upfront costs while enjoying positive cash flow. C-PACE projects also advance public policy goals to create local jobs, reduce greenhouse gas emissions and increase renewable energy deployment.
Requires no owner out-of-pocket expense
Generates immediate positive cash flow
Overcomes building owner's typical self-funding objections:
Short-term payback criteria
"If it ain't broke, don't fix it."
Colorado C-PACE long-term financing enables a "new way" cash flow focused project development providing a compelling opportunity for the building owner:
Energy costs: decreased
Building cash flow: increased
Technical projections: confirmed by an independent 3rd party.
Financial projections: confirmed by an independent 3rd party.