The Montrose Board of County Commissioners opted into the Colorado Commercial Property Assessed Clean Energy Program (Colorado C-PACE
) on May 31, 2017 opening the opportunity for Commercial property owners to utilize this program.
C-PACE is an innovative financing tool allowing commercial property owners to finance energy efficiency, renewable energy and water conservation measures through a special assessment that is repaid as part of the property tax process. In many cases, businesses are not able to afford the up-front cost of energy efficiency projects, but C-PACE breaks down these barriers which can result in increased property values, improved building quality, reduced energy cost and other operational savings.
For more information contact:
Sandy Head, Executive Director
Montrose Economic Development Corporation
(970) 249-9438 or (970) 209-9965