The Bethel Board of Selectmen (BOS) recently voted to join the Connecticut Commercial Property Assessed Clean Energy program, know as C-PACE. The program is available to all commercial property owners in the town and provides access to low cost financing for clean energy upgrades.
C-PACE allows building owners to finance qualifying energy efficiency and clean energy improvements through placing a voluntary assessment on their property tax bill.
Property owners pay for the improvements over time through this additional charge on their property tax bill and the repayment obligation transfers automatically to the next owner if the property is sold. Read more.