Albuquerque and Bernalillo County businesses can now apply for funding through the Commercial Property Assessed Clean Energy (C-PACE) program for energy efficiency and resiliency improvements.

In 2023, New Mexico adopted the Commercial Property Assessed Clean Energy (C-PACE) program to assist eligible property owners with obtaining long-term financing for a range of energy efficiency and resiliency improvements. The financing is then secured via a special improvement assessment on the improved property. In June 2024, Bernalillo County and the City of Albuquerque became the first local governments in the state to pass legislation opting into the New Mexico C-PACE program.

Commercial property owners can make clean energy building improvements to enhance their operations, save money, and increase profits using the program.

More information and an application can be found on the New Mexico Economic Development Department’s program contractor’s website here.