C-PACE Financing Comes To Delaware, Opening New Financing Option For Commercial Clean Energy

By Frank Andorka By Frank Andorka, Senior Correspondent

Commercial Property Assessed Clean Energy (PACE) financing is one of the most successful mechanisms for funding clean energy improvements in commercial properties. It allows businesses and other commercial enterprises to make energy efficiency and renewable energy projects to their properties with no money up front. Instead, they pay off those investments through their property taxes.
Currently 35 states have C-PACE enabling legislation, and 20 have full-blown functioning programs.
What’s that? (Holds hand to ear.) I’m being told that number is now 36, after Delaware Governor John Carney signed Senate Bill 113 into law, enabling C-PACE financing in the

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