If you are a commercial property owner in Chester County, PA, and you’re interested in going solar, C-PACE financing can help you make it happen. C-PACE (Commercial Property Assessed Clean Energy) financing is a type of financing that allows property owners to make energy-efficient upgrades to their buildings, including solar installations, with no upfront costs or dealer fees seen in typical lending agreements. You can check out our 10-benefits to C-PACE. In this blog we go through the general steps to installing solar using C-PACE financing.
So, how do you qualify for C-PACE financing and go solar in Chester County, PA? Here are the steps you need to take:
- Check if your property is eligible: To qualify for C-PACE financing in Chester County, your property must be located within a participating municipality and meet certain criteria, such as being up to code and not having any outstanding taxes or liens. You can check if your property is eligible by contacting a local solar company like TerraSol Energies located in Chester County.
- Get a solar assessment: Once you’ve confirmed that your property is eligible for C-PACE financing, you’ll need to get a solar assessment to determine the feasibility of a solar installation. A solar assessment will take into account factors such as your building’s orientation, shading, and energy usage to determine how much energy your solar system can produce and how much you can save on your electricity bills.
- Choose a C-PACE lender: After you’ve determined that a solar installation is feasible for your property, you’ll need to choose a C-PACE lender to finance your project. Chester County has several C-PACE lenders, so it’s important to do your research and compare financing options to find the best fit for your needs. Your local solar installer should be able to refer you to a trusted partner.
- Install your solar system: Once you’ve secured C-PACE financing and chosen a solar installer, you can move forward with installing your solar system. Your solar installer will handle the installation process from start to finish, including securing permits and interconnecting your system with the grid.
By following these steps, you can qualify for C-PACE financing and go solar in Chester County, PA. Going solar with C-PACE financing offers a wide range of benefits, including lower energy costs, increased property value, and reduced carbon emissions. To learn more about C-PACE financing and how it can help you go solar, contact your local C-PACE administrator or a solar installer in your area. If your facility is not in an eligible C-PACE location, make sure you understand alternative solar financing pathways..