News & Knowledge Center | LONG®

LONG Alaska is a C-PACE Contractor!

Written by Joslyn Beckwith | Aug 9, 2021 5:47:11 PM

We’re excited to announce that LONG is now a C-PACE contractor within the city of Anchorage! C-PACE makes it easy to finance energy-efficient upgrades to commercial buildings and LONG is here to help you through the process.

What is C-PACE?

C-PACE (Commercial Property Assessed Clean Energy) is an innovative financing program that enables owners of commercial and industrial properties to obtain low-cost, long-term financing for energy efficiency and renewable energy projects and then pay the costs back over time through a voluntary assessment on the property.

Benefits:

  • 100% financing with little to no up-front, out-of-pocket expense
  • Payment obligations are attached to the property, not to the individual borrower
  • Automatic transfer upon sale
  • Long-term financing (up to 20 years)
  • Lower energy costs
  • Increases property value and market competitiveness

You can view a C-PACE case study from our Colorado location below:

 

Interested in C-PACE as a solution for your building? LONG can help you secure this reliable source of funding so you can make the money- and energy-saving improvements you want.