Businesses everywhere are looking to save money when it comes to energy costs. In response, Middlesex County Chamber of Commerce is partnering with the Connecticut Green Bank to help member businesses afford energy efficiency and clean energy upgrades. Together they are promoting a clean energy financing tool called Commercial Property Assessed Clean Energy, or C-PACE. This innovative solution provides long-term, low interest financing to help local building owners take control of their energy costs. With 100% financing, no upfront cost required, and terms of up to 25 years available through C-PACE, energy upgrades are more affordable and accessible than ever.
The Pittsburgh Airport Area Chamber was recently featured as an opinion editorial piece in the Pittsburgh Business Times applauding a new bipartisan bill heading for Gov. Wolf’s desk called Commercial Property Assessed Clean Energy, or C-PACE. The program, introduced as SB 234 by Senator Guy Reschenthaler (R-Allegheny/ Washington), makes good Pennsylvania-style common sense by enabling more businesses to take advantage of cost-saving energy efficiency and renewable energy upgrades.
At the recent Pennsylvania Association of Chamber Professionals (PACP) conference in Clarion, more than 60 local chambers learned how energy efficiency, home-grown solar energy, and innovative finance mechanisms can help save member companies money, and attract more investment and jobs to the Keystone state.
Massachusetts chambers and their member companies had an engaging dialogue with Rep. Golden (D – Lowell) and Sen. Pacheco (D – Taunton) on a Sept. 20th briefing call to learn more about the recently passed energy legislation, An Act to Promote Energy Diversity (H4568). Both legislators played key roles in the new legislation and are preparing for additional steps in 2017.