Establishes C-PACE programs for local governments to finance energy and water efficiency improvements on commercial properties.

The South Carolina Commercial Property Assessed Clean Energy and Resilience Act allows local governments to establish C-PACE programs. These programs provide financing for energy efficiency, water efficiency, renewable energy, resiliency, and electrical vehicle charging infrastructure improvements on commercial properties. The improvements are repaid through assessments levied on the property. The act outlines the requirements for establishing and administering C-PACE programs, including the roles of program administrators and capital providers.

Establishes C-PACE programs for local governments to finance energy and water efficiency improvements on commercial properties.

The South Carolina Commercial Property Assessed Clean Energy and Resilience Act allows local governments to establish C-PACE programs. These programs provide financing for energy efficiency, water efficiency, renewable energy, resiliency, and electrical vehicle charging infrastructure improvements on commercial properties. The improvements are repaid through assessments levied on the property. The act outlines the requirements for establishing and administering C-PACE programs, including the roles of program administrators and capital providers.