We have talked about CPACE before, but there are some new aspects of CPACE that are of interest. CPACE not only can help fund larger million dollar projects, but can also help you upgrade and perform fuel switches on boilers.
CPACE allows for no out of pocket expenses. They provide 100% financing. The main requirement is that the cost savings must pay for the project. If the project cost is $1000, then the savings must be at least $1001. This can easily be accomplished if you are upgrading an inefficient boiler.
We have all the paperwork required to apply and can help walk you through the process. The application requires at least 14 months of utilities to use for comparison for the new equipment.
Want to learn more about CPACE?
Read all the program guidelines