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
We are excited to be the first County in Oklahoma to offer C-PACE, and proud to partner with INCOG to offer the program to any other county at no cost so they can leverage the countless hours of work our team has put into building this program to quickly enable access to this new tool as our economy rebounds from the effects of COVID-19.Commissioner Ron Peters, Tulsa 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
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”
For Immediate Release October 23, 2020 Contact: Nancy Graham| 918-579-9418 | [email protected] 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.