Clean Energy Communities
Energize NY Financing
Energize NY Finance, also known as Property Assessed Clean Energy (Open C-PACE) Financing, is a program adopted by an eligible local government that allows property owners to pay back clean energy upgrade costs secured through a municipal based assessment lien. The Energize NY Finance program enables eligible commercially-owned and not for profit buildings in New York State to secure funding for energy upgrades and renewable energy projects. The bill is backed by a PACE lien which is subordinate to municipal taxes and stays with the property. Financing is available through the Energy Improvement Corporation (EIC) for permanent improvement projects that reduce energy costs in existing buildings. Within the Finger Lakes Region eligible local governments include Counties and Cities with qualifying bond ratings.
As your regional Clean Energy Coordinator, please email G/FLRPC at rrichardson@gflrpc.org or if you have been in touch with other Finger Lakes Region Clean Energy Communities Coordinators at G/FLRPC, email them directly for help completing this action item.
The steps to get Energize NY Finance certification by NYSERDA are outlined below.
Step 1: Pass a Local Law
Sample legislation can be found here.
Step 2: Sign the EIC/Municipal Agreement
Sample agreement can be found here.
Step 3: Send a Letter to Energize NY Board formally requesting membership
Sample letter for cities and be found here. Sample letter for counties can be found here.
Step 4: Get certified by NYSERDA
Submit copies of the executed agreement, official letter, and legislation to NYSERDA through the following portal: https://nyserda-site.secure.force.com/CEC_HighImpact_Action_Item_Document_Page
Energize NY Finance webinar
Energize NY Open C-PACE Update Presentation
Energize NY Open C-Pace Flyer
Energize NY Finance Toolkit
Additional information can be found online at: https://www.eicpace.org/?p=commercial or by contacting Sarah Smiley, PACE Advisor to the Energy Improvement Corporation, ssmiley@eicpace.org
As your regional Clean Energy Coordinator, please email G/FLRPC at rrichardson@gflrpc.org or if you have been in touch with other Finger Lakes Region Clean Energy Communities Coordinators at G/FLRPC, email them directly for help completing this action item.
The steps to get Energize NY Finance certification by NYSERDA are outlined below.
Step 1: Pass a Local Law
Sample legislation can be found here.
Step 2: Sign the EIC/Municipal Agreement
Sample agreement can be found here.
Step 3: Send a Letter to Energize NY Board formally requesting membership
Sample letter for cities and be found here. Sample letter for counties can be found here.
Step 4: Get certified by NYSERDA
Submit copies of the executed agreement, official letter, and legislation to NYSERDA through the following portal: https://nyserda-site.secure.force.com/CEC_HighImpact_Action_Item_Document_Page
Energize NY Finance webinar
Energize NY Open C-PACE Update Presentation
Energize NY Open C-Pace Flyer
Energize NY Finance Toolkit
Additional information can be found online at: https://www.eicpace.org/?p=commercial or by contacting Sarah Smiley, PACE Advisor to the Energy Improvement Corporation, ssmiley@eicpace.org