C-PACE is Smart Clean Financing
Commercial Property Assessed Clean Energy (C-PACE) financing is a form of long term, low-interest rate financing with no upfront costs for building owners who want to modernize building energy infrastructure, lower energy costs, and increase building comfort and asset value. C-PACE financing drives private sector investment in local communities, improves commercial property values, reduces energy and water expenses, creates jobs, and provides environmental benefits by conserving natural resources.
The Oklahoma C-PACE Program provides a blueprint for Oklahoma’s counties to establish C-PACE in their jurisdiction in a uniform manner by utilizing standard enabling resolutions, form contracts, applications, and Program Guidelines. Property owners, contractors, capital providers, and other service providers benefit from a single point of contact for C-PACE financing throughout the state. Oklahomans enjoy the benefits of increased property value, more efficient buildings, cleaner environments, and cutting-edge commercial spaces.
What Can C-PACE Do For You?
For Property Owners
C-PACE is a reliable source of affordable financing for property owners to make money-saving and energy-saving improvements to their buildings.
For Local Governments
C-PACE drives private sector investment in your county, spurs economic development, creates energy efficiencies and energy jobs, and improves commercial property values, all without the need for public funding.
What People Say
Marshall County being the smallest county in the state, we do not have the resources to offer a lot of economic development incentives. Opting into the program lets businesses know that our county is interested in clean green growth. The Oklahoma C-PACE Program lets us compete with some of the surrounding larger counties with no cost to the county. Oklahoma C-PACE is a driver for the major developments around Lake Texoma and the Board of County Commissioners for Marshall County is proud to support this program and what it brings to our county.Commissioner Chris Duroy, Marshall County
The C-PACE program is a great economic development tool that doesn’t increase county government cost to the taxpayers. It encourages energy efficiency in new and remodel construction of commercial buildings. The Board of County Commissioners is proud to offer Oklahoma C-PACE to our residents and show that Cleveland County is forward thinking and ready for business.Commissioner Rod Cleveland, Cleveland County
Tulsa County Launches C-PACE, Closes First Loan
For Immediate Release May 5, 2021 Contact: Nancy Graham| 918-579-9418 | [email protected] Tulsa County launched a program to lower the cost of energy and water efficient construction in April and the first project was finalized today. Commercial Property Assessed Clean Energy Financing, commonly known as C-PACE is a tool used in 25 states to enableContinue reading “Tulsa County Launches C-PACE, Closes First Loan”
Oklahoma C-PACE Program Guidelines are Complete!
For Immediate Release October 23, 2020 Contact: Nancy Graham| 918-579-9418 | [email protected]g.org We are pleased to announce that the Program Guidelines for the Oklahoma C-PACE program are complete! The full text is available for download here. Thank you to the Oklahoma C-PACE Steering Committee, stakeholders, lenders, and C-PACE experts and others from across Oklahoma and acrossContinue reading “Oklahoma C-PACE Program Guidelines are Complete!”
Whether you are a building owner who wishes to access C-PACE financing, a government official who wants to offer C-PACE in your county, or a service provider who hopes to engage with the program, we are here for you. Please contact us for more information about C-PACE in Oklahoma.