Commercial Property Assessed Clean Energy (C-PACE) Program

As of November 2020, commercial and industrial property owners in Will County can take advantage of the Commercial Property Assessed Clean Energy (C-PACE) program to complete green capital improvements.

C-PACE is a financing mechanism that offers fixed-rate interest, long-term financing for energy efficiency, renewable energy, water conservation, and resiliency projects on commercial and industrial properties, both in existing buildings and in new construction projects. Up to 100% of project costs can be financed by qualified capital providers, then repaid over the lifetime of the project as an assessment on the property’s regular tax bill. By reducing initial cost barriers, this program helps participating commercial property owners implement energy efficient capital improvements and avoid deferring maintenance.

For more information on the program, please visit the Will County C-PACE.


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