Eligible improvements for C-PACE financing must be permanently affixed to the commercial or industrial property. Examples include, but are not limited to:
- Automated building controls (such as BMS and EMS)
- Boilers, chillers, and furnaces
- Building envelope (such as insulation, glazing, windows)
- Combined heat and power (CHP) systems
- Fuel cells
- Geothermal systems
- High-efficiency lighting
- Hot water systems
- HVAC upgrades
- Hydroelectric systems
- Irrigation systems that improve water efficiency
- Roof replacement that improves energy efficiency (such as reflective/cool roof, enhanced insulation)
- Small wind systems
- Solar PV (roof upgrade/replacement for rooftop systems is also eligible)
- Solar thermal
- Waste heat recovery technologies
- Water efficient fixtures (such as low-flow faucets and toilets)
Additionally, the cost of improvements that are directly related to the installation of eligible improvements may be included in the financing. For example, roof upgrades to support a roof-mounted solar PV installation.
For a complete and comprehensive list of eligible improvements:
100% Financing
As a registered C-PACE Capital Provider, Liberty Energy Partners is able to provide 100% financing for energy retrofit projects and up to 20% financing for new construction. Energy retrofit projects will lower building energy costs while increasing the value of building and generating positive cash flow. The best part of the financing is that it requires no personal guarantee by the building owner and the repayment obligation is transferred to the new owner if the building is sold.