What are typical C-PACE financing interest rates?

Qualified capital providers typically set interest rates based on the term of the financing. For example, 10-year-term financing may have an interest rate in the range of 5% to 5.5%; 15-year-term, 5.5% to 6%; and 20-year-term, 6% to 6.25%. Moreover, capital providers will typically set applicable closing fees to cover transaction costs, e.g. legal, underwriting, appraisal, etc.

To ensure the best possible terms, including interest rate and other fees, the property owner can review term sheets from multiple C-PACE qualified capital providers to select the best fit.