Home

Learn more about the Illinois Energy Conservation Authority
The image features a modern multi-story building with a sleek, angular design, characterized by extensive glass facades and a mix of dark and light materials. The structure is set against a clear blue sky, showcasing a contemporary architectural style.

Property Owners

With C-PACE’s unique features compared to traditional construction financing, building owners can make needed energy efficient capital improvements to their properties.
A smiling man in a yellow hard hat wears protective glasses and gloves, preparing for work in a dusty environment. He appears to be in a construction setting, focusing on his task as particles float around him. Other workers are blurred in the background.

Contractors

C-PACE is an innovative program that provides commercial property owners with low-cost financing for up to 100 percent of the capital required to complete substantial energy improvement projects.
Bank facade

Capital Providers

The IECA PACE Program is an open market that encourages the participation of a wide variety of capital providers that meet minimum program requirements.
Local government

Local Government

Illinois Local Units of Government are invited to participate in the Illinois Energy Conservation Authority NFP C-PACE program.

Overview

C-PACE is an innovative tool that enables commercial property owners to obtain up to 100% long-term, fixed-rate financing for energy efficiency, renewable energy, resiliency, water use and electric vehicle charging building improvements.  Property owners may obtain financing from private capital providers for eligible improvements such as HVAC, lighting and solar photovoltaic (PV) systems and other improvements in both existing buildings and new construction projects. The term of a C-PACE financing may extend through the useful life of the improvement, which may be up to 20-30 years long, and can result in cost savings that exceed the amount of the C-PACE financing.

The Illinois Energy Conservation Authority NFP (IECA), an Illinois 501c3 nonprofit organization, has been at the forefront of developing Commercial Property Assessed Clean Energy (C-PACE) programs in Illinois (IECA PACE).  IECA is the leading C-PACE program administrator for participating communities throughout Illinois.  To learn about how you can participate in the IECA C-PACE program, click the icons below.

Counties We Serve

Illinois counties