c-pace retrofit financing: eligible measures
This list of energy efficiency and renewable energy technologies is a reference tool for the types of projects C-PACE is used to finance. All C-PACE improvements must be permanently affixed to the commercial property and part of a retrofit to existing infrastructure, with the exception of district heating and cooling systems. If an upgrade is not included on this list, Connecticut Green Bank will review proposed additions on a case-by-case basis.
Non-energy-saving measures directly related to installation of an energy conservation measure may be determined as eligible and included in the financing as long as the project’s SIR remains greater than 1 and if the measure will benefit the qualifying commercial real property (e.g. a roof to support solar panels or the pipeline infrastructure as necessary to enable a natural gas conversion).
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Renewable energy measures |
|---|---|
| Solar power | |
| Solar thermal | |
| Wind power | |
| Geothermal energy | |
| Fuel cell | |
| Methane gas from landfills | |
| Low-emission advanced renewable energy conversion technologies | |
| Projects that seek to deploy electric, electric hybrid, natural gas, or alternative fuel vehicles and associated infrastructure and any related storage, distribution, manufacturing technologies, or facilities | |
| Sustainable biomass facility | |
| Electric vehicle charging infrastructure (exempt from SIR requirements) | |
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Energy efficiency measures |
| High-efficiency lighting | |
| Heating, ventilation, and air conditioning (HVAC) upgrades | |
| New automated building and HVAC controls | |
| Variable speed drives (VSDs) on motors, fans, and pumps | |
| High-efficiency chillers | |
| High-efficiency boilers and furnaces | |
| High-efficiency hot water heating systems | |
| Combustion and burner upgrades | |
| Fuel switching | |
| Water conservation measures to the extent they save energy | |
| Heat recovery and steam traps | |
| Building enclosure/envelope improvements | |
| Building automation (energy management) systems | |
| Renewable energy systems (e.g., solar, fuel cells, geothermal) | |
| Combined heat and power systems (CHP) | |
| District thermal | |
| Microgrids | |
| Resiliency measures (exempt from SIR requirements) | |
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End use savings technologies applicable to industrial facilities |
| New automated process controls | |
| Heat recovery from process air and water | |
| Cogeneration used for peak shaving | |
| Process equipment upgrades | |
| Process changes | |
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Ineligible energy upgrades |
| Appliances (e.g., refrigerators, dishwashers, etc.) | |
| Plug load devices | |
| Vending machine controls | |
| Natural gas vehicle refueling station | |
| Any package of measures that does not achieve an energy savings to investment ratio (SIR) greater than 1 | |
| Any measure that is easily removed or not permanently installed | |
| Any measure that does not result in improved energy efficiency or renewable energy generation |