CPACER

Follow these 8 steps for your C-PACER project in Thurston County 

8 Steps C-PACER Thurston.PNG


1) Property Owner has a project idea and identifies a Capital Provider.

2) Applicant submits application materials and application fee to C-PACER Program Lead.

3) CPED reviews application and issues letter of approval/denial.

4) Applicant submits Closing Documents for County signatures. 

5) CPED notifies Applicant that documents are ready for recordation.

6) Applicant pays program fees and records documents at the County Auditor's Office.

7) Applicant completes project and submits Certificate of Completion.

8) Property Owner repays loan according to terms.

Commercial Property Assessed Clean Energy and Resiliency (C-PACER) Program 

C-PACER is a loan program that allows owners of commercial, agricultural, industrial, and multifamily properties to seek long-term financing for qualified improvements related to energy efficiency and building resiliency. C-PACER loans are tied to the property (not the owner) through an annual property assessment, and are transferrable upon sale of the property.

Program Benefits 

Commercial buildings are a large source of greenhouse gases and the C-PACER program is an incentive to achieve our community's goals as stated in the Thurston Climate Mitigation Plan.

For Building Owners

With C-PACER financing, there is little cash outlay and the debt lien is filed against the property, not the owner. That debt obligation stays with the property whenever ownership transfers. The debt doesn’t appear on the owner’s balance sheet, and it does not encumber the owners’ credit capacity. Hence, owners find these kinds of loans attractive for long-term efficiency and resilience improvements.

For Tenants

Building tenants are the ones typically paying the utility bills (either directly or through rent), occupying uncomfortable spaces, and facing any health and safety risks. Giving the building owners an easier way to pay for these kinds of improvements is a benefit to tenants.

For the Public

C-PACER financing programs are a type of public-private partnership that make it attractive for building owners to pursue deep efficiency and resilience improvements that are in the public interest. Highly energy and water efficient buildings reduce environmental impacts, including greenhouse gas emissions. Lower energy and water consumption also reduces the need for production and delivery infrastructure, the costs for which are ultimately borne by ratepayers. Further, seismic, fire protection, and other safety-related resilience improvements increase public safety and ultimately mitigate publicly funded emergency response expense.

Source: ShiftZERO C-PACER Implementation FAQ

Thurston County C-PACER Program Documents

C-PACER Program Contacts
Program Lead
Rebecca Harvey, Climate Mitigation Sr. Program Manager
Office of County Commissioners
3000 Pacific Avenue SE, Suite 200
Olympia, WA 98501
(360) 867-2938
Rebecca.Harvey@co.thurston.wa.us

Program Administrator
Community Planning & Economic Development
3000 Pacific Avenue SE, Suite 100
Olympia, WA 98501

Qualified Improvements

(see Program Guidebook for details)

Energy Efficiency:

  • HVAC System

  • Replacement Lighting Fixtures

  • Building Insulation Upgrades

  • Energy Efficient Appliances

Renewable Energy:

  • Solar Panels

  • Geothermal heating system

Water Conservation:

  • Replacement of lead water pipes, install of low-flow fixtures & repair for leaking system

  • Water-smart landscaping, sprinkler & irrigation systems

  • Energy Efficient Appliances 

Resiliency:

  • Seismic retrofits

  • Wet & Dry flood proofing

  • Fire suppression systems

  • Energy storage system

Qualified Properties

(see Program Guidebook for details)

  • Commercial

  • Industrial

  • Agricultural

  • Multi-Family (5+ units)