What is C-PACER?
Commercial Property Assessed Clean Energy and Resiliency (C-PACER) is a financing approach that allows owners of commercial properties to seek long-term financing from private lenders for clean energy and resiliency improvements. Participating property owners repay the financing through voluntary special assessments placed on their properties, which are billed and collected as part of their annual property tax bills and then remitted to the private lender. Eligible improvements include measures that support energy efficiency, renewable energy generation, water conservation, and strengthening facilities from incurring physical damage. C-PACER does not affect the tax bills of property owners not participating in the program.
What are the benefits of C-PACER?
C-PACER provides multiple benefits to municipalities, building owners, developers, and individual residents. This includes environmental benefits, cost savings, local jobs, and high-performing building stock that result in a stronger and healthier community.
Davidson County C-PACER Program Materials
- Exhibit A-1, C-PACER Program Guidelines
- Exhibit A-2, C-PACER Project Application Checklist
- Exhibit A-3, Assessment Agreement
- Exhibit A-4, Notice of Assessment Interest and C-PACER Lien
- Exhibit A-5, MWBE Certificate
- Exhibit A-6, Economic Benefits Compliance
- Exhibit A-7, Energy Water Resilience Certificate
- Exhibit A-8, Environmental and Economic Benefits Certificate
- Exhibit A-9, C-PACER Completion Certificate
- Exhibit A-10, Lienholder Consent
- Exhibit A-11, Ground Lessor Consent
C-PACER Resources
Looking for more information? Check out these resources.