Two New Counties Join the C-PACE Club and Updates in Baltimore City

Two New Counties Join the C-PACE Club and Updates in Baltimore City

Legislative Updates

Bethesda, MD (September 26, 2018) — As the year unfolds, Maryland continues to experience successful C-PACE expansion across the state. Most recently, Cecil County voted to pass Bill No. 2018-13 on September 4th of this year, enabling C-PACE in the county. Prince George’s County Executive signed their own ordinance implementing C-PACE financing on August 8th of this year. The result of these developments is that in just a few short years, 17 jurisdictions in Maryland have enabled C-PACE programs. Of these, 15 have opted into the MD-PACE program (Montgomery County and Prince George’s County operate their own C-PACE programs).

Pace legislation is passed in Cecil and Prince George's Counties
Pace legislation has been passed in Cecil and Prince George’s Counties

Furthermore, in July the City of Baltimore passed an amendment to Council Bill 18-195 substantially changing the rules guiding C-PACE project eligibility. This amendment allows otherwise eligible projects that have already begun construction to qualify for C-PACE retroactively. Specifically, projects initiated as of July 1st, 2016 may now apply for C-PACE financing up to 30 months after qualifying improvements have been placed on the property. This option will be available through December 31st of 2019. The exact updated text of the legislation is included below:

For projects initiated on or after July 1, 2016, through December 31, 2019, the Administrator may approve a clean energy loan up to 30 months after the property owner places qualifying energy improvements in service, as long as the property owner has filed an initial PACE loan application on or before December 31, 2019.

If you have any questions about the content of C-PACE legislation that has been passed in Maryland or where to find such information, please reach out to PFS.

Jurisdictions in Maryland with a C-PACE Program:

  • Allegany County
  • Anne Arundel County
  • Baltimore County
  • Baltimore City
  • Carroll County
  • Charles County
  • Frederick County
  • Garrett County
  • Harford County
  • Howard County
  • Kent County
  • Montgomery County
  • Prince George’s County
  • Queen Anne’s County
  • Talbot County
  • Wicomico County