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Combined Heat and Power Partnership

CaliforniaFIRST

dCHPP Glossary (PDF) (2 pp, 53K)

Date Last Updated6/13/2014
Incentive TypeCommercial PACE
State/FederalCA
Incentive Administrator/Contact OfficeCalifornia Statewide Communities Development Authority (CSCDA)
Incentive Initiation Date9/1/2012
Incentive Size and Funding SourceThe CaliforniaFIRST Program is a Property Assessed Clean Energy (PACE) finance program for non-residential properties. The program allows property owners to finance the installation of energy and water improvements and pay the amount back on their property tax bill. Eligible projects include renewable energy generation projects using fuel cells and energy efficiency projects involving "cogeneration furnaces". A property owner can finance the equipment, labor, design, audit, permits and engineering of a project.

The minimum amount that can be financed is $50,000. The maximum financing amount is dependent on the property value. Current outstanding debt plus CaliforniaFIRST financing amount must be less than the property value plus the value of the financed projects. Repayment periods will range from 5-20 years, depending on the expected useful life of the financed improvements and terms negotiated with lender.
Eligible RecipientCommercial, industrial and multifamily (5 or more units) buildings are eligible to participate if they meet general underwriting criteria established by CSCDA.
Eligible FuelDoes Not Specify
Eligible Project Size (MW)Does Not Specify
Minimum Efficiency Required (%)Does Not Specify
Other Selected Eligibility CriteriaProperty must be located in one of the participating areas in California.
Application Form(s)CaliforniaFIRST Initial Application
Resource Website(s)

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