Elko County adopts CPACE program to enable commercial clean‑energy financing
Commissioners voted to adopt a Commercial Property Assessed Clean Energy (CPACE) enabling program for the unincorporated county, allowing property owners access to long‑term private financing repaid via a voluntary assessment; staff said the program would be administered at no cost to the county.
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The Elko County Board on April 16 approved adopting a Commercial Property Assessed Clean Energy (CPACE) enabling ordinance for the unincorporated county. County staff said the program would allow eligible commercial property owners to access long‑term private financing for energy and water efficiency improvements, with repayment made through a voluntary, parcel‑specific assessment secured to the property. The county’s adoption only enables participation; projects would still require administrator arrangements and project‑level approvals.
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