What is C-PACER?
Commercial Property Assessed Clean Energy and Resiliency (C-PACER) is a financing approach that allows commercial, industrial, and agricultural property owners to seek long-term financing from private lenders for clean energy and resiliency improvements. Eligible improvements include measures that support energy efficiency, renewable energy generation, water conservation, and strengthening facilities from incurring physical damage. C-PACER does not affect the tax bills of property owners who are not participating in the program. For more information, contact Dedra Klotzbach at 865-215-3032 or dedra.klotzbach@knoxcounty.org
Using C-PACER, the eligible projects below could be financed through an agreement between the property owner and a registered C-PACER lender. The Knox County Trustees office approves C-PACER applications.
What is eligible?
- Commercial Refrigeration
- Permeable Pavement
- Lighting
- Heating / Cooling
- Windows
- Insulation
- Pumps/ Motors
- Solar Panels
- Electric Vehicle Charging Stations
- Flood Protection
- Seismic Upgrades
- Stormwater Controls
- Tornado Shelter(s)
- Roofing
- Doors
- Flooring
- Wind Turbines
C-PACER look back
Property owners can use C-PACER to finance improvements completed in the past but within the look-back period.
This can help property owners who have faced challenges during construction or lease-up.
C-PACER can pay down debt, fund construction cost overruns, and replenish operating reserves.
Benefits of C-PACER look back
C-PACER look back can help property owners bridge projects to stabilization.
C-PACER look back can help property owners avoid foreclosures, property tax payment delays, and abandonment.
C-PACER look back can provide a reliable source of capital that is counter-regular to traditional sources.
Eligibility for C-PACER look back
Eligibility for C-PACER look back depends on the state and the location within the state.
