C-PACE is a powerful financing option created through state legislation to support energy efficiency, renewable energy, and resiliency improvements in commercial buildings. Its long-term structure helps close capital gaps and deliver meaningful operational savings and growth in property value. The NC C-PACE program (North Carolina Commercial Property Assessed Capital Expenditure) is managed by the Economic Development Partnership of North Carolina (EDPNC).
Explore PACE Equity Finance’s tailored C-PACE capital solutions across hundreds of projects.
In 2024, North Carolina passed Senate Bill 802, enabling the creation of a statewide Commercial Property Assessed Capital Expenditure (C-PACE) program. Administered by the Economic Development Partnership of North Carolina (EDPNC) and sponsored by the North Carolina Department of Commerce, this program offers low-cost, long-term, non-recourse financing for energy-efficient, resilient, and sustainable building improvements. North Carolina’s program includes features unique eligible improvements under the categories of resiliency and water conservation. These include storm retrofits, flood mitigation, wind resistance upgrades, microgrids, electric vehicle (EV) charging infrastructure, and enhancements to indoor air quality.
As of November 2025, C-PACE financing is available in Charlotte, Mecklenburg County, and New Hanover County. Raleigh and Durham are expected to enable C-PACE shortly.
