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Commission adopts CPACE ordinance to enable commercial energy financing
Summary
San Juan County adopted Ordinance No. 128 to opt into the state Commercial Property Assessed Clean Energy (CPACE) program created by 2023 legislation, allowing eligible commercial and multifamily property owners to access long-term financing secured by a special assessment lien and administered by a program administrator.
The San Juan County Commission voted to adopt Ordinance No. 128, enacting a Commercial Property Assessed Clean Energy (CPACE) program for eligible commercial, agricultural, industrial and multifamily properties.
County counsel explained the ordinance implements the state CPACE framework established by House Bill 228 (2023), which allows local governments to opt in and enable property…
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