Centre County Commissioner Mike Pipe speaking at the October 3, 2022 C-PACE education event at Big Springs Spirits in Bellefonte, PA.

C-PACE: Commercial Property Assessed Clean Energy


Building owners are eligible for loans to improve energy efficiency, air quality, and resiliency that will reduce energy costs and improve comfort and safety

What is C-PACE?

Commercial Property Assessed Clean Energy (C-PACE) is a financial tool for property owners to obtain low-cost, long-term financing for energy efficiency, renewable energy, indoor air quality, water conservation and resiliency projects.

It can be used for new construction or rehabilitation of existing buildings.

Who is eligible?

  • Commercial and industrial building owners
  • Nonprofits / Private Schools
  • Agricultural properties
  • Multi-family 5+ units

What is the benefit of C-PACE?

  • Low cost and long term funding for hard and soft cost tied to eligible measures
  • Reduces owner equity needs 
  • Preserves capital expenditure using C-PACE financing to replace old equipment
  • Creates measurable savings - savings from the improvements generally exceed the cost of repayment
  • Loan is tied to the property - automatically transfers at sale


History of C-PACE in Centre County

July 28, 2020: Centre County Commissioners passed Resolution 17 of 2020 at their meeting to create the Centre County C-PACE Program countywide and identified Sustainable Energy Fund (SEF) as the program administrator.

September 1, 2022: Centre County Board of Commissioners approved the expansion of the Centre County CPACE program, through Resolution 18 of 2022. This legislation, known as Pennsylvania Act 43, will expand the program to allow C-PACE financing on multi-family housing of five units or more, indoor air quality improvements, and resiliency projects for new and existing commercial construction.