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A PERC educational webinar, presented on collaboration with the Sustainable Energy Fund.
An especially relevant webinar as higher education faces financial challenges due to the pandemic.
Commercial Property Assessed Clean Energy (C-PACE) is a special type of loan that allows borrowers to amortize their project over 15-30 years. C-PACE can be used to pay for energy savings equipment, water saving fixtures or renewable energy systems. Because C-PACE projects are financed over the useful life the equipment, the projects can be cash-flow positive in the first year.
This webinar will explain the basics of C-PACE and how it can work specifically for Pennsylvania colleges and universities that operate as nonprofits. The session will include details of what type of equipment, engineering, and design costs can be financed through C-PACE. There will be case studies from other states where PACE/ C-PACE is widely used. The program has financed over $1 Billion nationally since 2011 with Ohio and California leading the market.
This presentation will be given by Sustainable Energy Fund.
Click here to register.
PERC - Pennsylvania Environmental Resource Consortium
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