Utah C-PACE: Focus Solar Energy
This two hour workshop is focused on solar energy contractors, developers, investors, etc. Attendees, will learn about the Utah C-PACE program and how key changes made to the program will make this a viable option for Utah renewable energy projects.
What you’ll learn:
What C-PACE is and who it benefits
What changes were made recently to improve the program
How it may help you grow your business
How to use the free program tools
When: August 1, 2018
Where: CBIZ MHM Utah Office
19 East 200 South, Suite 1000
Salt Lake City
Time: 9am – 11am
Cost: $15/person for non-USEA members, no cost for USEA members
Presenter: Shawna Cuan, Managing Director of Energy Efficiency & Renewable Energy, Utah Office of Energy Development
What is Utah C-PACE?
Utah C-PACE is a program that helps property owners access private-sector financing to install building improvements that can reduce energy consumption and increase the value of their property. The Governor’s Office of Energy Development (OED) directs and administers C-PACE projects through the C-PACE District.
Financing is provided by capital providers in an open market. The financing is secured through a voluntary energy assessment and assignable lien that is levied against the owner’s property and is repaid to the capital provider. The financing term is typically based on the useful life of the improvements and can extend up to 30 years. Because the long-term financing can cover up to 100 percent of a building’s modernization project cost and often requires no money down, C-PACE may enable property owners to make substantial upgrades to their buildings. The project’s energy savings may outweigh the C-PACE payments, which creates positive cash flow for the property owner, whose upgraded building may be more valuable after a C-PACE project.
Join us to learn how C-PACE financing can help you grow your business. Commercial and industrial property owners and other stakeholders are also welcome to attend.
To learn more about C-PACE, visit www.utahcpace.com