21
Tue, Aug

Opening C&I Solar Markets with C-PACE

White Papers
Typography

The current state of the C&I solar market is limited in scope due to the limitations of traditional methods of financing solar energy projects. C-PACE has the potential to expand solar opportunities and open markets in three ways:

▪ Provides a long-term financing solution that can be utilized in markets where third party ownership (e.g. PPAs) is prohibited.
C-PACE may help to open over 4.5 million companies with properties in PPA-prohibited states to solar development.
vi
▪ Allows markets with low electricity rates to be opened to development by providing longerterm financing and the ability to bundle solar with energy efficiency upgrades.
▪ Addresses project-specific issues that have hindered solar development in mature markets, like transferability and credit hurdles. According to Moody’s, in California alone, nearly two-thirds
of rated businesses hold non-investment-grade credit. vii C-PACE could continue to open this
already strong market with a long-term financing option.

C-PACE is a critical tool in opening tomorrow’s solar markets, and strengthening those in existence
today. It should be taken seriously by the thousands of C&I developers operating across the country.

 

{pdf=https://www.seia.org/sites/default/files/2017-10/SEIA-Alta-Opening-C%26I-Markets-C-PACE_Oct2017.pdf|100%|300|native}

The current state of the C&I solar market is limited in scope due to the limitations of traditional methods of financing solar energy projects. C-PACE has the potential to expand solar opportunities and open markets in three ways:

▪ Provides a long-term financing solution that can be utilized in markets where third party ownership (e.g. PPAs) is prohibited.
C-PACE may help to open over 4.5 million companies with properties in PPA-prohibited states to solar development.
vi
▪ Allows markets with low electricity rates to be opened to development by providing longerterm financing and the ability to bundle solar with energy efficiency upgrades.
▪ Addresses project-specific issues that have hindered solar development in mature markets, like transferability and credit hurdles. According to Moody’s, in California alone, nearly two-thirds
of rated businesses hold non-investment-grade credit. vii C-PACE could continue to open this
already strong market with a long-term financing option.

C-PACE is a critical tool in opening tomorrow’s solar markets, and strengthening those in existence
today. It should be taken seriously by the thousands of C&I developers operating across the country.

 

Advertisement

Translator

Advertisement
Advertisement

SolarQuarter Tweets

Follow Us For Latest Tweets

SolarQuarter Your 2018 Calendar: India's CleanTech Industry Events_Register Now & Save - https://t.co/yq2CRK5nz6
About 12 hours ago
SolarQuarter E-Mobility+ August Issue 2018 is here. Grab your copy now! https://t.co/rPZTNDTX20 EV #electricvehicles #Emobility… https://t.co/QzqlKAD798
About 15 hours ago
SolarQuarter Announcing: Participating Companies At India's Largest Electric Vehicle & Smart Mobility Event_ Grab Your Passes No… https://t.co/5bvIrR19N1
Friday, 17 August 2018 10:07

Advertisement