Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Senate bill to enable CPACE financing for commercial energy and resiliency projects returns to committee with technical edits
Summary
SB 4 would authorize a statewide commercial Property Assessed Clean Energy and Resiliency (C‑PACE) program administered by the Business Finance Authority. The Senate bill incorporates two technical edits to the House draft to clarify owner consent language and to cite confidential commercial‑information statute; committee testimony emphasized the
Senate Bill 4 would implement a commercial Property Assessed Clean Energy and Resiliency (C‑PACE) framework in New Hampshire, enabling private lenders to finance eligible energy and resiliency improvements on commercial properties and to secure repayment through an assessment attached to the property tax bill.
Nut graf: Proponents said C‑PACE removes a key market barrier—the mismatch between the multi‑year payback of building energy investments and the ownership horizon of commercial property owners—by allowing…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
