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Reimagine Appalachia

July 1, 2025

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SUSTAINABLE ENERGY FUND

Program Related

Investment

Education

Special Projects

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WHAT IS C-PACE?

Commercial Property Assessed�Clean Energy:

Financing tool: Provides long-term funding

for energy efficiency, renewable energy, and

water conservation, indoor air quality and

resiliency projects�

Creates measurable savings: Projects

must result in energy savings or reductions

in water usage for commercial properties

Through a special tax assessment: � Collection is through a special payment,

similar to a property tax, that stays with the

property upon sale or transfer

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History of Pennsylvania C-PACE

Governor Wolf signs SB 234, creating Act 30 of 2018

Allows local governments to establish C-PACE districts

Establishes framework for assessments & role for local governments

Governor Wolf signs SB 635, Act 43 of 2022

Expands C-PACE to include:

Indoor Air Quality

Resiliency

Multifamily housing of 5 or more units

Pennsylvania was the 34^th State to enable C-PACE

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PA C-PACE Program Development

Sustainable Energy Fund (SEF)

Keystone Energy Efficiency Alliance/Energy Efficiency Alliance (KEEA/EEA)

City of Pittsburgh

Philadelphia Energy Authority (PEA)

Convened more than 100 stakeholders

Issued draft guidelines in January 2019 for public comment

Developed “C-PACE in a Box” for consistent programming across PA counties

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PA C-PACE Program Development

C-PACE in a Box includes templates of all necessary program documents for counties to customize according to their county goals and planning needs.

C-PACE Statute
PA C-PACE Notification Letter for Counties
Pennsylvania C-PACE County Resolution
SEF Program Administrator Cooperation Agreement
PA C-PACE Pre-Application
PA C-PACE Final Application

PA C-PACE Assessment Processing Agreement
PA C-PACE Special Assessment Payment Schedule
C-PACE Capital Provider Registration Form
Statement of Levy and Lien Agreement and appendices
PA C-PACE Program Guidelines and all appendices
C-PACE booklet for marketing

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Pennsylvania C-PACE Roles

County Role

Notify municipalities
Enable resolution establishing a district
Bill and collect assessment repayment on or alongside property tax bill
May enter into services agreement with third party administrator

Program Administrator Role

Ensure statutory compliance
Engage with applicant team
Accept, review and approve applications
Baseline survey, engineer reviews ECM report
Measurement and verification

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ADOPTION BY COUNTY

Counties in PA: 67 C-PACE Enabled: 31 SEF Administered: 29 PEA Administered: 1

* Clarion and Cumberland also enabled *

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PA Counties in Appalachian Region 52

PA Counties in Appalachian Region w/C-PACE 17

C-PACE Enabled		C-PACE Not Enabled
Allegheny	Luzerne	Armstrong	Crawford	Juniata	Potter
Bedford	Northumberland	Beaver	Elk	McKean	Schuykill
Cambria	Somerset	Blair	Fayette	Lycoming	Snyder
Centre	Union	Bradford	Forest	Mercer	Sullivan
Clarion	Warren	Butler	Fulton	Mifflin	Susquehanna
Clinton	Washington	Cameron	Greene	Monroe	Tioga
Erie	Wayne	Carbon	Huntingdon	Montour	Venango
Lackawanna	Westmoreland	Clearfield	Indiana	Perry	Wyoming
Lawrence		Columbia	Jefferson	Pike

PA Counties 67

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C-PACE Projects

Projects Closed Across Pennsylvania 32

Allegheny County * 6

Lehigh County 1

Montgomery County 3

Northampton 2

Philadelphia County ** 20

* Allegheny County is the only county within the Appalachian region of PA with

projects that have used C-PACE financing.

** Philadelphia Energy Authority administers C-PACE for Philadelphia County.

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BENEFITS TO THE COUNTY

Local Investment

Creates Jobs

Healthy

Environment

Modernizes

Building Stock

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HOW IS C-PACE USED?

C-PACE Funding

Commercial and agricultural�properties:

Office
Industrial
Retail
Farms
Nonprofit
Private schools
Multifamily housing of 5+ units

*Excludes government owned

Source: PACE Nation, 2025

PACE Market Data - PACENation

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ELIGIBLE IMPROVEMENTS

Energy efficient equipment and installation (HVAC, boilers, lighting, etc.)
Renewable energy systems
Demand control energy storage
Water conservation fixtures
Indoor air quality
Resilience measures (flooding, wind, etc.)
Ancillary costs can also be included
Project costs – hard & soft

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WHY C-PACE?

C-PACE Element	Why It Matters
Covers 100% of eligible hard & soft costs	Limited upfront cash needed for new project
Term of up to 30 years, useful life	Long-term repayment can match project useful life
Rates are generally low	Displaces expensive mezzanine debt and equity
Under certain leases, building owner can pass through repayments to tenant	Addresses energy usage split incentive issue
If sale of property occurs, C-PACE obligation transfers with the sale	Allows for longer payback periods

Note: C-PACE can be used retroactively. A look-back period applies.

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Project Overview
Property Type: New Construction / Rehabilitation
Financing Amount: $9,999,740
Building Measures:�Upgrades to building envelope�HVAC System�LED Lighting�Hot Water Heaters
Annual Savings: �349, 644 kWh (~$27,000/year)�4,914 therms of natural gas
Property Owner: Concord Keystone Sora West, LLC
Capital Provider: Greenworks Lending

Image Courtesy of Keystone Property Group.

SORA WEST�MONTGOMERY COUNTY

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Project Overview
Project Type: Renewable Energy
Property Address: 1025 Washington Pike, Bridgeville, PA
Financing Amount: $4,053,674.12
Building Measures:�933 kW Rooftop Solar Array
Annual Savings: �1,246,016 kWh $77,594
Property Owner: PNC Bank, National Association, as Trustee, under the Deed of Trust of Paul Kossman, dated September 1, 1973
Capital Provider: Forbright Bank in association with Dividend Finance

CHARTIERS VALLEY SHOPPING CENTER�

ALLEGHENY COUNTY�

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Project Overview
Project Type: New Construction / Rehabilitation
Property Address: 129 McKean Street, Pittsburg, PA
Financing Amount: $5,176,100.96
Building Measures:�Updated HVAC Systems LED Lighting Upgraded Building Envelope Elevator Efficiency
Annual Savings and Environmental Impact: �247,976 kWh�552 MMBtu of natural gas $21,625 235 Tons of Carbon Dioxide Equivalent
Property Owner: 129 McKean Street, LLC
Capital Provider: Twain Financial Partners

Graphic of Finished Building

THE DISTILLERY AT

SOUTH SHORE�

ALLEGHENY COUNTY�

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QUESTIONS?