Commercial Property Assessed Clean Energy Act

Utah’s PACE program allows for the creation of certain energy assessment districts that offer up to 100% financing for projects over terms of up to 30 years. Savings generated from new energy investments must outweigh costs and yield a positive cash flow over time, allowing for repayment. To qualify, projects must be located in a city or county that has authorized the C-PACE program and must serve specific purposes, including use for commercial or industrial processes.