How do I estimate the baseline energy use for a building that is partially vacant?

This scenario requires modeling. For specifics contact us.… Read Article

How do I apply for C-PACE financing?

To apply, simply send a completed Application Form to Reno@PACEworx.com.… Read Article

Is there an application fee for C-PACE?

No, there is no fee to apply for C-PACE financing.… Read Article

Are there fees associated with the pre-payment of a C-PACE assessment?

Each C-PACE capital provider set their own terms, including pre-payment, in its financing agreement with the property owner. It is common for C-PACE capital providers to include a pre-payment fee … Read Article

Is this a voluntary program?

Yes. Owners who choose not to participate remain unaffected.… Read Article

When is the voluntary C-PACE benefit assessment recorded on the property?

Upon closing of C-PACE financing.… Read Article

What are the benefits of C-PACE financing?

While many buildings need upgrading, until C-PACE there was no good way to pay for it. C-PACE solves the financial issues associated with a building modernization project by providing 100 … Read Article

What property types are eligible for C-PACE financing?

Properties eligible for C-PACE financing must be located within the legal boundaries of the city of Reno and have one of the following uses:

Commercial
Industrial
Multifamily (with 5 or

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What happens if the property is sold?

Because the C-PACE repayment obligation is tied to the property, the assessment can transfer to the next property owner if the property is sold.… Read Article

How is the C-PACE financing secured?

Repayment of the C-PACE financing is secured by a voluntary benefit assessment that is recorded in the City’s property records by the City Clerk in the County Recorder’s Office. … Read Article