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Lehigh County Passed C-PACE Resolution
On Wednesday, December 11, 2019, Lehigh County Commissioners approved an ordinance to implement Commercial Property Assessed Clean Energy (C-PACE). The commissioners approved C-PACE to help owners of commercial property with energy and water conservation projects. This program will also allow Lehigh County property owners to access long term loans to pay for renewable energy systems, energy efficient equipment and fixtures that reduce water consumption.
The Lehigh County Board of County Commissioners authorized the County to enter into an Administration Agreement with Sustainable Energy Fund for the administration of the Program that will include the adoption of Program Guidelines and a fee structure to cover administrative costs of the county.
Now that an ordinance has been passed, Lehigh County commercial businesses, agriculture interests, and nonprofits, with the aid of private capital providers, will be able to finance clean energy and water efficiency projects. The C-PACE program, offering as much as 100% financing, will save local constituencies money and energy, providing even greater opportunity to those with initiative.