Access to business capital through commercial loan programs.

A fee equal to 2.5% of the project finance amount (not to exceed $50,000 per project) is assigned to each C-PACE project. This program administration fee, to cover the costs associated with the various support services required to sustain the C-PACE program, is typically included in the total financed amount and is only due when successful project financing is obtained.


While many lenders are qualified to offer C-PACE financing, lenders that also partner with Energy Smart Colorado include

Financing is available to provide funds for your commercial energy upgrades.

Colorado Commercial Property Assessed Clean Energy (C-PACE) enables owners of eligible commercial and industrial buildings to finance up to 100% of energy efficiency, renewable energy and water conservation eligible improvements. Financing is provided by private capital providers at competitive rates.

C-PACE Assessment and Repayment
C-PACE financing repayment is facilitated through the County property tax assessment process. A voluntary assessment is placed on the building owner’s property tax bill and is repaid over the financing term (up to 25 years). In most cases, the annual energy cost savings will exceed the annual assessment payment, thereby enabling extensive capital intensive equipment upgrades. Because the C-PACE assessment obligation runs with the property, the assessment can transfer to the next owner when the property is sold. Many Colorado Counties are participating in this financing program.

Additional Loans, Grant Programs and Tax Credits for Businesses

Alpine Bank offers a variety of rate-discounted “green” loans for fuel-efficient business vehicles and real estate-secured loans.

Colorado Clean Energy Fund offers a Clean Energy Facilities Fund for commercial, industrial, agricultural and community buildings, including nonprofit facilities to finance improvements that result in reduced utility costs, reduced GHG emissions, increased electrification or electrification-readiness, or an increase in solar PV. Loans up to $250,000 at a fixed rate not to exceed 4.99%.

US Bank offers “business quick loans” from $5,000 to $250,000 for up to 84 month terms.

USDA Rural Energy for America Program (REAP) provides guaranteed loan financing and grant funding to agricultural producers and rural small businesses for renewable energy systems or to make energy efficiency improvements.

At the beginning of 2021, the 179D commercial buildings energy efficiency tax deduction was made permanent. The tax deduction primarily enables building owners to claim a tax deduction for installing qualifying systems and buildings, while tenants may be eligible if they make construction expenditures.

Energy Smart Colorado transforms the local energy efficiency market and stimulates home and business energy improvements through access to information, capital and a skilled workforce. 



PO Box 4842 • Frisco, Colorado 80443