Missoula County approves green energy financing plan. Steps to take and people to consult with.

25 February 2022

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The first thing is to do an energy analysis.

The C-PACE contact at the state is Seth Lutter with the Montana Facility Finance Authority. His contact info is below. You can also find lots of details about the program at https://lastbestpace.com/.

 

Seth Lutter, CHFP

Associate Director

Montana Facility Finance Authority

Ph: 406-444-5435

[email protected]

 

Hope that helps!

Diana

 

Diana Maneta (she/her)
Sustainability Program Manager
COMMUNITY AND PLANNING SERVICES
406.258.3424
[email protected]
missoulacounty.us

 

C-PACE is for commercial properties including multi-family of four units or more so 
the property you mentioned below would qualify for the C-PACE loan. The first step 
is getting an energy assessment done on the property to see what improvements would 
qualify for C-PACE. If you go to our website you can see what 
qualifies: http://www.lastbestPACE.com For C-PACE to be utilized, the amount of 
the savings on the improvements/equipment has to equal or be greater than the cost 
of the improvements so not all upgrades would qualify, i.e. if a window upgrade is 
$50k but over a 20-25 year term the savings are only $25k, that would not qualify 
for C-PACE. We can bundle all energy and water upgrades together so even if windows 
do not net out, if we include LED lights and a high-efficiency furnace that does 
provide good savings, we can try and get all improvements to a net neutral amount. 

The first step is looking at the property and seeing what improvements make sense 
and if they are financially viable. 
The list of firms that can do an energy analysis can also be found at this 
link: https://deq.mt.gov/energy/Programs/statebuilding. 
These firms have been approved by DEQ for their programs and meet our standards 
as well.  
With an audit in hand you can choose what options you want to implement and the 
financing will be designed around that.  We’re happy to discuss C-PACE with the 
engineers or any other group you’re working with on the project.

Seth Lutter
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Missoula County launches new property tax allowance aimed at solar panels

CPACE is available to commercial, agricultural, industrial, nonprofit or multifamily properties with four or more homes, for projects costing at least $50,000. Property owners who opt in pay off the installation cost using a loan tied to their property taxes.

 

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