{"id":6811,"date":"2026-05-15T23:54:00","date_gmt":"2026-05-15T21:54:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=f95e90deb5f7c01dff5dd52c68d6809e"},"modified":"2026-05-16T00:58:00","modified_gmt":"2026-05-15T22:58:00","slug":"c-pace-vermont-clears-final-legislative-hurdle-commercial-clean-energy-financing-tool-now-heads-to-governors-desk","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=6811","title":{"rendered":"C-PACE Vermont Clears Final Legislative Hurdle. Commercial Clean Energy Financing Tool Now Heads to Governor\u2019s Desk."},"content":{"rendered":"<p>MONTPELIER, Vt.--(BUSINESS WIRE)--After years of bipartisan collaboration and practical refinement, Vermont\u2019s Commercial Property Assessed Clean Energy (C-PACE) program is on the verge of becoming law. Sponsored by Sen. Thomas Chittenden and gaining strong bipartisan support, Senate bill S.138, originally introduced to expand property-assessed financing for energy efficiency, renewable energy, and resilience upgrades, has been successfully incorporated into the omnibus economic development bill S.327. On May 14, 2026, the Senate concurred with the House proposal of amendment, sending the measure to enrollment and the Governor\u2019s desk for signature in the coming days.<\/p><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260515585508\/en\/2415039\/5\/CounterpointeSRE_Logo_Standard.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260515585508\/en\/2415039\/22\/CounterpointeSRE_Logo_Standard.jpg\" \/><\/a><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260515585508\/en\/2415039\/5\/CounterpointeSRE_Logo_Standard.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260515585508\/en\/2415039\/21\/CounterpointeSRE_Logo_Standard.jpg\" \/><\/a><p>\nOnce enacted, C-PACE VT will allow commercial, industrial, agricultural, and multifamily property owners to finance 100% of qualifying upgrades, to be repaid through a voluntary assessment on the property tax bill. The program is entirely privately financed, creates no new taxpayer burden, and is administered locally with strong lender protections. \u201cThis legislation brings together lenders, developers, municipalities, and economic development leaders around a practical, no-taxpayer-cost solution,\u201d said Libby Moyer, advocate and communications lead for the C-PACE Vermont working group. \u201cC-PACE VT will deliver immediate economic wins for Vermont businesses while advancing clean energy goals, a true win-win that reflects the best of bipartisan collaboration and the Vermont brand.\u201d<\/p><p>\n<b>CounterpointeSRE<\/b>, a founding leader in the C-PACE industry, strongly supports the legislation and is prepared to bring its national expertise to Vermont property owners. \u201cWe look forward to partnering in Vermont to help building owners access flexible, long-term financing that accelerates clean energy and resilience upgrades,\u201d said <b>Kurt Pollem, CFA, Managing Director, CounterpointeSRE and Manchester Center resident<\/b>.<\/p><p>\nThe projected statewide impact, reviewed by Lyle Jepson, Commissioner, Vermont Department of Economic Development, includes:<\/p><ul class=\"bwlistdisc\">\n<li>\nHundreds of millions in private capital deployed over years with multiplier effect<\/li>\n<li>\nSignificant reductions in commercial energy costs<\/li>\n<li>\nJob creation in construction, engineering, and green trades<\/li>\n<li>\nImproved state economic-momentum and competitiveness rankings<\/li>\n<li>\nSupport for commercial developers including multi-family housing solutions and mixed-use redevelopment (including adaptive-reuse projects like the Greatwood Farm creative campus at Goddard, Plainfield, Vermont)<\/li>\n<\/ul><p>\nThe voluntary, locally driven program was shaped through extensive holistic input from lenders, developers, planners, engineers, municipalities, and economic development leaders. It reflects Vermont values such as local control, fiscal responsibility, and a commitment to clean energy innovation without mandates or new state spending.<\/p><p>\nVermont has had limited residential PACE authority since 2013. C-PACE VT closes the gap for the commercial sector, bringing the state in line with 40+ others where the tool has successfully financed billions in upgrades.<\/p><p>\n\u201cC-PACE VT will provide powerful economic benefit as a public asset tool that operates at zero cost to taxpayers and injects lower cost capital for sustainable construction to drive development\u201d \u2013 Michele Pitale, M.D., Managing Director &amp; Head of C-PACE, CounterpointeSRE.<\/p><p>\n<b>About Clearly Communications\n<br\/><\/b>Clearly Communications creates customized omni-channel campaigns at the intersection of art, technology, policy, and community impact. Learn more and\/or reach out to Libby Moyer at <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Furl.us.m.mimecastprotect.com%2Fs%2F6BigCn5014cpj87cJhRUJEwYx%3Fdomain%3Dclearlytv.com&amp;esheet=54536919&amp;newsitemid=20260515585508&amp;lan=en-US&amp;anchor=www.clearlytv.com&amp;index=1&amp;md5=b4829ab5a4e9152db170f625a5fc82ae\" rel=\"nofollow\" shape=\"rect\">www.clearlytv.com<\/a>.<\/p><p>\n<b>About CounterpointeSRE<\/b><\/p><p>\nCounterpointeSRE operates at the intersection of commercial real estate and energy industries providing mortgage, C-PACE and other energy financial products. As a portfolio company of MassMutual, our focus is to provide one-stop sustainable finance solutions to our commercial real estate owners\/operators.<\/p><p>\nLearn more at <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fcounterpointesre.com%2F&amp;esheet=54536919&amp;newsitemid=20260515585508&amp;lan=en-US&amp;anchor=CounterpointeSRE.com&amp;index=2&amp;md5=bf2e8f1c1383e47658839c75a028db0b\" rel=\"nofollow\" shape=\"rect\">CounterpointeSRE.com<\/a>.<\/p><br\/> <b>Contacts<\/b> <br\/><p>\n<b>Media Contact: <\/b><\/p><p>\n<b>Evan Griswold\n<br\/>CounterpointeSRE\n<br\/><\/b><a  href=\"mailto:Counterpointesre@Counterpointesre.com\" rel=\"nofollow\" shape=\"rect\"><b>Counterpointesre@Counterpointesre.com<\/b><\/a><b><br\/><\/b><\/p>","protected":false},"excerpt":{"rendered":"<p>MONTPELIER, Vt.&#8211;(BUSINESS WIRE)&#8211;After years of bipartisan collaboration and practical refinement, Vermont\u2019s Commercial Property Assessed Clean Energy (C-PACE) program is on the verge of becoming law. Sponsored by Sen. Thomas Chittenden and gaining st&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6811","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/6811","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6811"}],"version-history":[{"count":2,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/6811\/revisions"}],"predecessor-version":[{"id":6887,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/6811\/revisions\/6887"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}