A program designed to finance projects to make commercial buildings more energy efficient is growing in Rhode Island, according to a May 5 report by Rhode Island Public Radio.
Thirteen more municipalities are working to participate in the Rhode Island Commercial Property Assessed Clean Energy (C-PACE) program. They would join the 14 other municipalities that have become members active in the program since it launched one year ago, according to the local radio news outlet.
C-PACE enables owners of eligible commercial and industrial buildings to finance up to 100 percent of projects that will advance energy efficiency, renewable energy, water conservation, environmental health, and safety.
