Keeping your building occupants comfortable is your top priority and ours. C-PACE allows you to do that with no money out of pocket. Our team partners with you to help guide your project from qualification to construction.
Commercial Property Assessed Clean Energy (C-PACE) enables building owners to fund 100% of the cost of upgrades to any part of a building where energy efficiency and water conservation are applicable. The long term financing (up to 20 years) allows projects to be cash flow positive with no upfront capital required. The brilliance of this being setup as an assessment is that, unlike traditional loans where the owner bears all the costs, the C-PACE assessment costs can be passed through to the tenant. Contact LONG today to see if your project, whether new construction or an existing building, is eligible and explore how you can leverage the power of C-PACE.
Not in Colorado but still interested in the program? Contact us to see if you qualify!
C-PACE projects are building based. LONG will help you to determine if your building qualifies for C-PACE. Our extensive knowledge of buildings allows our team to prequalify your building with a feasibility study based on a building walk through. At this phase, we will prequalify your building with the State Administrator as well as financially.
LONG will complete a study of your building to determine what projects help to yield the greatest results. We will walk through your building and evaluate your systems and create a report to recommend to you what projects will generate the highest value for you in a C-PACE project.
LONG Offers full development of C-PACE projects and Project Management from the initial prequalification to soliciting bids, consulting and analysis on the best projects for C-PACE. We are the experts on building technology. Our project management team solicits competitive bids, providing efficiency, and cost options on the following:
We are skilled internally as a company working with multiple facets of building design. We will work with you in planning the scope of your work and designing systems to achieve the best SIR possible.
We will support your design and what's needed on your projects and in your buildings. Understanding the project is complicated. Expensive aging mechanical systems can often be a huge barrier to projects, and one of the driving factors of C-PACE projects. We will help you to understand systems and C-PACE, how they impact comfort, lease values, building value, as well as save money in utility bills, and O&M costs.
From development through construction LONG will manage your project and let you do what you do best. We can do any of the following for you:
Our team of highly skilled professional project managers will meet the following requirements 100% of the time:
We will guide and direct the job, managing the construction through to the finish - Working with all trades: Plumbing, Electrical, Mechanical and other contractors depending on the job.
LONG will help you to utilize C-PACE's 100% financing to upgrade your old mechanical systems, controls, lighting and other energy related products.
LONG will work with your designer and architect to develop a viable C-PACE project from the start. Utilize C-PACE financing to fill gaps in the capital stack, reduce money need for equity, and to design world class high efficiency and award winning controls.
LONG is proud to specialize in a wide range of markets. We take the time to understand your industry and individual needs to deliver high-performance results, no matter the facility.
Owners repay the cost of eligible improvements over a period of up to 20 years through assessment (similar to a utility assessment). The resulting energy savings typically outweighs the annual assessment payment, thereby enabling cash flow positive projects. Because the assessment is tied to the property, the repayment obligation automatically transfers to the next owner if the property is sold.