We have made updates to the Green Bank C-PACE interest rates. Please see below for more information, and click HERE to view the updated rates.
Please note that the rate changes outlined below and linked above are for Connecticut Green Bank-originated C-PACE projects only. They are not reflective of the rates provided by other C-PACE capital providers.
Effective April 1, 2025, for projects between $500,000 – $1 million:
Rates are decreasing to match the current rates for projects $500k & below
Effective July 1, 2025, for projects over $1 million:
We have recently adjusted the upfront requirements when submitting a Smart-E job in NGEN for Solar PV projects. You will not be required to submit the Utility Interconnect Application (the RRES application) when submitting a Smart-E Job, it’s now noted as optional (see screenshot).
You can still provide us with the Utility Interconnect Approval letter to receive an additional disbursement (review more about that here), but we request that you submit this in a new section (NOT in the COC tab).
To do this: open the Job in NGEN, scroll to the “Documents” area and upload the Interconnect Approval letter by selecting “Upload Document” then select “Choose File” in the pop-up window (green arrows in screenshot), then close the pop-up box and select “Save Changes” (orange arrow in screenshot). This will save that document to the portal and notify the Smart-E team to review that document, we will then notify the lender to release an additional disbursement.
https://www.ctgreenbank.com/wp-content/uploads/2022/07/CT-Green-Bank.png00Jen Campbellhttps://www.ctgreenbank.com/wp-content/uploads/2022/07/CT-Green-Bank.pngJen Campbell2025-05-09 16:58:502025-05-13 16:28:58NGEN Update for Solar PV Projects
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/in Building Contractors, Contractor Announcements, Energy Storage Solutions, Home ContractorsGreen Bank C-PACE Interest Rate Changes
/in Building Contractors, Contractor AnnouncementsWe have made updates to the Green Bank C-PACE interest rates. Please see below for more information, and click HERE to view the updated rates.
Please note that the rate changes outlined below and linked above are for Connecticut Green Bank-originated C-PACE projects only. They are not reflective of the rates provided by other C-PACE capital providers.
NGEN Update for Solar PV Projects
/in Contractor Announcements, Home ContractorsWe have recently adjusted the upfront requirements when submitting a Smart-E job in NGEN for Solar PV projects. You will not be required to submit the Utility Interconnect Application (the RRES application) when submitting a Smart-E Job, it’s now noted as optional (see screenshot).
You can still provide us with the Utility Interconnect Approval letter to receive an additional disbursement (review more about that here), but we request that you submit this in a new section (NOT in the COC tab).
To do this: open the Job in NGEN, scroll to the “Documents” area and upload the Interconnect Approval letter by selecting “Upload Document” then select “Choose File” in the pop-up window (green arrows in screenshot), then close the pop-up box and select “Save Changes” (orange arrow in screenshot). This will save that document to the portal and notify the Smart-E team to review that document, we will then notify the lender to release an additional disbursement.