• About Us ᐯ
    • About Us
    • Mission, Vision, and Values
    • Green Bank Team
    • Governance
    • Careers
    • Our History
    • Our Heroes
    • Former Green Bank Stars
    • Requests for Proposals
    • News
    • Events
  • Strategy + Impact ᐯ
    • Strategy + Impact
    • Planning
    • Reporting and Transparency
    • Evaluations
    • Societal Impact
    • Mapping Analysis of Your Area (MAYA) Tool
    • Legacy Programs
    • Investment Strategy
  • Contact Us
  • Search
CT Green Bank | Accelerating Green Energy Adoption in CT
  • Solutions
    • Solutions
      • Connecticut Green Bank offers green energy solutions to home, building and multifamily property owners, residential and commercial contractors, towns and cities, and even capital providers.
      • Home Solutions
        • Smart-E Loans
        • Energy Storage Solutions
        • Residential Solar Options
      • Building Solutions
        • C-PACE
        • GreenGain
        • Solar MAP+
        • Solar Programs
        • Solar PPA
        • Solar Roof Lease
        • Multifamily Financing
        • Energy Storage Solutions
      • Investment Solutions
        • Green Liberty Notes & Bonds
        • Electric School Bus Financing
        • EV Charging Carbon Credits
        • Green Bank Capital Solutions
        • Become a C-PACE Capital Provider
      • Contractor Solutions
        • Building Solutions
        • Home Solutions
        • Investment Solutions
      • Community Solutions
        • Green Schools
        • Solar Solutions for Communities
        • Energy Storage Solutions
        • Home, Building, and Investment Solutions
        • C-PACE
        • Sustainable CT
  • Offerings
    • Offerings
      •  
      • Clean Transportation
      • Energy Efficiency
      • Environmental Infrastructure
      • Green Schools
      • Resilience & Climate Adaptation
      • Solar & Renewables
  • Customer Stories
  • Resources
  • Menu Menu
  • Solutions
    • Home Solutions
      • Smart-E Loans
      • Energy Storage Solutions
      • Residential Solar Options
    • Building Solutions
      • C-PACE
      • GreenGain
      • Solar MAP+
      • Solar Programs
      • Solar PPA
      • Solar Roof Lease
      • Multifamily Financing
      • Energy Storage Solutions
    • Investment Solutions
      • Green Liberty Notes & Bonds
      • Electric School Bus Financing
      • EV Charging Carbon Credits
      • Green Bank Capital Solutions
      • Become a C-PACE Capital Providers
    • Contractor Solutions
      • Building Solutions
      • Home Solutions
      • Investment Solutions
    • Community Solutions
      • Electric School Bus Financing
      • Solar Solutions for Communities
      • Energy Storage Solutions
      • Home, Building, and Investment Solutions
      • C-PACE
      • Sustainable CT
  • Offerings
    • Energy Efficiency Offerings
    • Solar & Renewable Offerings
    • Resilience & Climate Adaptation Offerings
    • Clean Transportation Offerings
      • Electric School Bus Financing
    • Environmental Infrastructure Offerings
  • Customer Stories
  • Resources
  • About Us
    • Mission, Vision, and Values
    • Our History
    • Green Bank Team
    • Governance
    • Careers
    • Our History
    • Our Heroes
    • Former Green Bank Stars
    • Request for Proposals
    • News
    • Events
  • Strategy + Impact
    • Strategy + Impact
    • Planning
    • Reporting and Transparency
    • Evaluations
    • Societal Impact
    • Mapping Analysis of Your Area (MAYA) Tool
    • Legacy Programs
    • Investment Strategy
  • Contact Us
You are here: Home1 / News2 / Building Solutions3 / Free EV Charging Stations for Commercial Properties Financing Efficiency...

News & Press

News & Press

September 15, 2020

Free EV Charging Stations for Commercial Properties Financing Efficiency Projects through C-PACE

Charge Up CT Buildings campaign pairs growing EV demand with need for property efficiency

Logo for Charge Up CT Buildings incentiveRocky Hill, Conn. (September 15, 2020) – The Connecticut Green Bank is pleased to announce the relaunch of its Charge Up CT Buildings program, an initiative originally launched in January that offers free electric vehicle (EV) charging stations to commercial property owners who use Connecticut Green Bank C-PACE financing . The initiative was put on hold in March due to COVID-19 restrictions.

C-PACE (Commercial Property Assessed Clean Energy) is an innovative financing tool that provides building owners with access to 100% financing for energy improvements, realize positive cash flow immediately, and create more comfortable, efficient buildings. C-PACE can also support building owners in reducing operating expenses and increasing cash flow, providing a vital lifeline to help businesses get through tough economic times. Plus, the Green Bank is currently offering flexible payment options for new borrowers that let them choose to defer or pay interest-only on initial payments, offering borrowers ways to improve their building and save energy while freeing up cash and receiving immediate financial relief.

“The Green Bank is enabling building owners to take control of their energy costs and save money by using C-PACE, which could provide many borrowers the breathing room they need while the economy recovers and things get back to ‘normal,’” said Mackey Dykes, Vice President, Financing Programs at Connecticut Green Bank. “But with C-PACE and Charge Up CT Buildings, we’re also helping borrowers to position their properties and businesses – and our community – for future success, and a better, new ‘normal.’ Borrowers will not only make their buildings more modern and attractive, but their customers, tenants, and employees will be able to charge up and enjoy the benefits of electric vehicles.”

The addition of free EV charging equipment means property owners leveraging C-PACE won’t just be using the clean energy financing mechanism as a tool to improve their financial position in the near term, but also to modernize their buildings and position them more competitively in the future. Whether building tenants are commercial or residential, as the EV market continues to grow, properties with charging stations can lead the way.

To qualify for a free EV charging station, energy saving projects must utilize at least $150,000 in Green Bank C-PACE financing with at least 20% of the total project costs going toward non-renewable measures. Larger projects may be eligible to receive up to three electric vehicle charging stations. Connecticut Green Bank’s C-PACE team will work with building owners to determine if their project is eligible for the C-PACE program and Charge Up CT Buildings incentive.

Property owners will now have until December 18, 2020 to apply for C-PACE financing in order to be eligible for this limited time promotion. Property owners are encouraged to contact the Green Bank early to start the application process.

For more information about the initiative, please visit chargeupct.com or call 866-324-0099.

PostedinBuilding Solutions, News

Hartford Office
75 Charter Oak Avenue
Suite 1-103
Hartford, CT 06106

Stamford Office
700 Canal Street
5th Floor
Stamford, CT 06902

Home Solutions
Smart-E Loans
Energy Storage Solutions
Residential Solar Options

Building Solutions
C-PACE
Solar Programs
Solar PPA
Solar Roof Lease
Multifamily Financing
Energy Storage Solutions

Contractor Solutions
Building Solutions
Home Solutions
Investment Solutions
Contractor Announcements

Community Solutions
Solar Solutions for Communities
Energy Storage Solutions
Home, Building, and Investment Solutions
C-PACE
Sustainable CT

Investment Solutions
Green Liberty Notes & Bonds
EV Charging Carbon Credits
Green Bank Capital Solutions
Become a C-PACE Capital Provider

Customer Stories

Contact Us

FacebookTwitterLinkedInInstagram

Sign up for our newsletter

© 2023 CT Green Bank. All Rights Reserved.

  • About Us
  • Strategy + Impact
  • Privacy Policy

Link to: Solar For All Benefits the Poor Link to: Solar For All Benefits the Poor Solar For All Benefits the Poor Link to: Heat Pumps Provide Comfort and Improve Air Quality All Year Link to: Heat Pumps Provide Comfort and Improve Air Quality All Year Heat Pumps Provide Comfort and Improve Air Quality All Year
Scroll to top Scroll to top Scroll to top