The Common Council has given the go-ahead for city businesses, non-profits and individuals to apply for low-cost, long-term funding to pay for energy efficient upgrades to their buildings.
The council voted earlier this month to authorize Mayor Timothy O’Brien to enter into an agreement with the Commercial Property Assessed Clean Energy (C-PACE). Citing the need for cleaner, cheaper and more reliable energy, the state Legislature last year established the C-PACE program. To date, about 50 of the state’s 169 municipalities have opted into the program.
“Connecticut has the highest cost for electricity in the lower 48 states,” said Michael Baczewski, executive aide to the mayor. “In New Britain, like many older cities in New England, we have many old and inefficient buildings.” Read more.