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Commission approves Tennessee PACE as third‑party administrator for CPACE program
Summary
County staff recommended selecting Tennessee PACE as the third‑party administrator for the county’s CPACE (Commercial Property Assessed Clean Energy) program; commissioners approved the recommendation with no county cost expected.
The commission accepted staff’s recommendation to designate Tennessee PACE as the third‑party administrator for the county’s commercial PACE (CPACE) program.
County staff explained CPACE is a financing mechanism that helps property owners pay for energy-efficiency and conservation improvements; the financing is provided by private lenders, and County involvement is limited to…
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