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C-PACE program notches successes

By:  Posted date: March 14, 2014 In: EnergyFairfield | comment : 1

A one-year anniversary event commemorated the launch of the C-PACE (commercial and industrial property assessed clean energy) program, a nationally recognized effort that allows Connecticut commercial, industrial and multifamily property owners to access affordable, long-term financing for energy upgrades.

Properties recognized were from Avon, Bridgeport, Canton, Danbury, Hartford, Killingworth, Meriden, Middletown, Norwalk, Norwich, Simsbury, Trumbull and Windsor.

Between them, the properties have completed or will be completing energy-saving and renewable energy projects totaling more than $60 million in combined work, including the installation of 1,033 kilowatts of clean energy products. The properties total more than 1.3 million square feet and are estimated to save more than 32,000 quantifiable thermal units per year.

C-PACE is managed by Connecticut’s Green Bank, CEFIA (Clean Energy Finance and Investment Authority).

Sixteen properties and their owners from 12 Connecticut municipalities were recognized for their participation.

More than 100 guests attended, including state and municipal leaders, property owners and contractors from across Connecticut.

The site was The Bushnell Theater in Hartford last month. Read more.

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