Green Energy Financing That Builds Better Businesses
C-PACE (Commercial Property Assessed Clean Energy) financing makes green energy upgrades more accessible and affordable. This innovative financing program is accelerating the green energy movement, and making a positive impact on many different stakeholders across Connecticut.
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Connecticut Green Bank
Connecticut Green Bank, the nation’s first green bank, is sparking the green energy movement.
In 2012, Connecticut passed legislation that gave property owners access to a new form of financing for building energy upgrades through Commercial & Industrial Property Assessed Clean Energy (C-PACE). C-PACE allows Connecticut building owners to access cleaner, cheaper, and more reliable energy. The Connecticut Green Bank was empowered by legislation to administer the C-PACE program, which has been looked at as a model nationally. C-PACE is just one program in a portfolio of green energy financing options designed for businesses and consumers and administered by the Green Bank. These programs accelerate the adoption of green energy by making it more accessible and affordable.
The Connecticut Green Bank’s mission is to:
Support the Governor’s and Legislature’s energy strategy to achieve cleaner, cheaper and more reliable sources of energy while creating jobs and supporting local economic development.
The Connecticut Green Bank’s vision is to:
Lead the green bank movement by accelerating private investment in clean energy deployment for Connecticut to achieve economic prosperity, create jobs, promote energy security and address climate change.
Connecticut Green Bank’s promise to you:
The Green Bank is committed to making green energy accessible and affordable to everyone in the state. By creating a flourishing green energy marketplace, the Green Bank contribute to a better quality of life, a better environment and a better future for all. We create jobs. We grow businesses. We help people thrive.
We innovate, educate and activate to accelerate the growth of green energy.