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County Commission Approves Energy Measure

08/14/2018

The Bernalillo County Commission approved an ordinance that will allow commercial property owners to get approved loans for renewable and energy efficiency improvement projects.

The approval created the Bernalillo County Commercial Property Assessed Clean Energy (C-PACE) financing program.

The C-PACE program will facilitate loans made by qualified lenders to commercial property owners to finance renewable energy production and distribution facilities and energy efficiency improvements.

Commission Chair, Steven Michael Quezada sponsored the bill. “This makes Bernalillo County the first in the state with this type of program and puts us on the cutting edge of business enhancement and assistance to those business owners who want to run a more cost-effective operation and cut down on the carbon footprint.”

The commission passed the ordinance by unanimous vote.

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