How do we get C-PACE?
A true public-private partnership
The state must first pass CPACE-enabling legislation. The Montana legislature will be considering CPACE-enabling legislation in 2019.
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.
The Montana Facilities Finance Authority offers a C-PACE program for counties to opt into by:
Creating standardized forms and rulemaking.
Establishing a list of participating C-PACE lenders and approved contractors.
The program administrator has key ongoing roles including:
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.
After enabling legislation is passed, counties decide whether to create C-PACE districts in their jurisdiction. Counties can opt into joint program administration with other municipalities or with the state administrator, the Montana Facilities Finance Authority.
Municipalities have an ongoing role in:
Placing the assessment on a C-PACE property.
Collecting the assessment with property taxes.
Providing perioding reports on the status of the assessment to the program administrator.
Enforcing remedies if unpaid, just like any other delinquent tax.
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.
Private lenders are the primary source of financing for CPACE projects. Check out the list of consenting lenders nationwide.