Renewable Energy Contractors

Renewable Energy Contractors

How C-PACE Helps You Close More Projects

Read how C-PACE can help boost your close ratio!

Colorado C-PACE for Renewable Energy Contractors

As a solar PV contractor, you have no doubt faced this typical scenario:
  • Your sales team has identified a potential client
  • You know the solar PV equipment needed Your proposal has been submitted
  • The owner’s reaction: “I’m skeptical about the savings projections”
Now, with C-PACE financing, you can get past an owner’s skepticism by presenting projects with energy savings and cash flow projections that include the following benefits:
  • Are reviewed and confirmed by independent, 3rd party experts
  • Integrate 25-year Colorado C-PACE financing
  • Incorporate ITC and MACRS depreciation to maximize cash flow (where applicable)
  • Outstanding C-PACE assessment amount does not accelerate at time of sale
  • Payment obligation automatically transfers to new owner upon sale
Colorado C-PACE long-term financing enables a new cash-flow-focused solar PV project development that provides a compelling opportunity for the building owner:
  • Energy costs: Decreased
  • Building cash flow: Increased
  • Technical projections: Confirmed by an independent 3rd party
  • Financial projections: Confirmed by an independent 3rd party
Sound too good to be true? Contact us to learn how Colorado C-PACE is enabling contractors to propose too-good-to-be-true projects. Moreover, at no cost to contractors, our C-PACE experts will help you:
  • Identify: Eligible properties
  • Prepare: A proposal including C-PACE benefits
  • Develop: An optimized project incorporating Colorado C-PACE financing
  • Assist: With the presentation of the project to the owner and mortgage holder
  • Source: Capital providers to determine “best-fit” financing
Get Started Today. Colorado C-PACE is now up and running in the following counties.

Watch the following video on the PACEworx™ Estimator, an app that will have you preparing solar PV proposals in minutes.

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Key Steps in the Colorado C-PACE Project Lifecycle

Free Contractor Workshop

  • Learn about C-PACE program benefits
  • Learn about Colorado C-PACE contractor tools and support services
  • Apply to become a registered Colorado C-PACE contractor
  • Once registered, have your firm’s name listed on the Colorado C-PACE website

Post-Workshop Engagement

  • Prequalify projects
  • Prioritize your prospects
  • Schedule meetings to introduce building owners to the program

Proposal Preparation

  • Collaborate with Colorado C-PACE director to include relevant program benefits
  • Prepare preliminary proposal with the help of the C-PACE program administrator
  • Deliver the proposal and secure a meeting date with building owner

Preliminary Meeting with the Building Owner

  • C-PACE program administrator will attend if you wish
  • Review building financial prequalification metrics, e.g. loan-to-value %
  • Discuss building improvement needs and potential savings impact
  • Review mortgage holder consent process
  • Secure authorization to proceed to project scenario development

Mortgage-Holder Consent

  • Colorado C-PACE team reviews EPICTM Report with mortgage holder
  • Obtains consent to record C-PACE assessment

Project Financing

  • Building owner engages with selected capital provider
  • Capital provider prepares financing agreement
  • Colorado C-PACE team manages project closing and facilitates assessment recording with the county

Project Construction and Commissioning

  • Building owner authorizes contractor to begin construction
  • Construction funds are disbursed per the terms of the financing agreement
  • Contractor completes project installation
  • Building owner confirms project completion and acceptance
  • Capital provider submits Completion Certificate to Colorado C-PACE team