75 Charter Oak Avenue
Hartford, CT 06106
700 Canal Street
Stamford, CT 06902
Contractors interested in C-PACE, Solar PPA, or Solar Roof Lease can access a growing toolbox of materials to help facilitate their involvement. If the available content doesn’t answer your questions, please contact us.
This tool is designed to help property owners, solar PV developers, and Connecticut Green Bank determine the approximate limit on C-PACE financing that can be made available for individual commercial-scale projects contemplated to be completed under the program. Pursuant to the enabling law and C-PACE Program Guidelines, all projects funded under C-PACE must achieve a savings-to-investment ratio (“SIR”) greater than 1, whereby “investment” refers solely to dollars sourced via C-PACE.Using this tool does not (1) substitute for an energy audit, technical reviewer report, or any other requirement under the C-PACE Program Guidelines, or (2) represent an offer for financing or guarantee Connecticut Green Bank approval of the proposed project.
As a potential participant in the C-PACE Program, you should seek any necessary outside legal counsel, accounting or engineering support to review contracts and energy assumptions and consider carefully the risks associated with accepting C-PACE Program financing, which include, but are not limited to, the following: (1) the Connecticut Green Bank does not guarantee energy savings, (2) information provided herein is for indicative purposes only and not to be relied upon by third parties, (3) fluctuations in energy prices, interest rates associated with the Connecticut Green Bank or other third-party financing, which are subject to change, occupancy or property use may affect the savings associated with a project, and (4) the success of a project may depend in part on various U.S. Federal or State of Connecticut policies and incentives that are subject to change.