C-PACE in Montana
A true public-private partnership
The state must first pass C-PACE enabling legislation. The Montana legislature will be considering CPACE-enabling legislation in 2021.
Once active, the Montana Facilities Finance Authority would have an ongoing role in administering the program and providing information for county treasurers to place C-PACE assessments on specific properties.
After enabling legislation is passed, counties decide if they would like to participate in the statewide
C-PACE program administered by the Montana Facility Finance Authority.
Counties have an ongoing role in:
Placing the assessment on a C-PACE property.
Collecting the assessment with property taxes.
Enforcing remedies if unpaid, just like any other delinquent tax.
The Montana Facilities Finance Authority administers the statewide C-PACE program. Their responsibilities include:
Creating standardized forms and rulemaking.
Establishing a list of participating C-PACE lenders and approved contractors.
Conducting independent technical analysis of C-PACE projects' projected energy savings.
Approving projects for financing.
Connecting funders with eligible projects.
Remitting payment to C-PACE funders.
Building owners receive a baseline energy audit and chose cost-saving projects.
With the help of their contractor, building owners submit a C-PACE application to the Montana Facilities Finance Authority.
If approved, the C-PACE program administrator connect the property owner to financing.
Private lenders are the primary source of financing for CPACE projects. Check out the list of consenting lenders nationwide.