Department Of Commerce

Increase Property Values With Affordable Financing For Efficiency Improvements

The average commercial building wastes 30% of its energy, according to the EPA. As energy costs rise and sustainability becomes more important, reducing operating expenses and conserving energy remains a priority for commercial property owners in Montana.

Last Best PACE offers low-cost, long-term financing for energy efficiency, water conservation, and renewable energy upgrades, overcoming common barriers to investment!

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How It Works

  • Property owners develop energy efficiency, water conservation, and renewable energy projects with contractors of their choice
  • Apply to Last Best PACE to qualify the project
  • Obtain Lender Consent from existing debt holders, if applicable
  • Arrange financing with a qualified lender
  • If approved, contracts are signed with the C-PACE lender and Last Best PACE program

Financing Benefits:

  • Up to 100% upfront project costs
  • Long repayment terms (20+ years)
  • Reduced energy consumption and operating expenses
  • Upgraded, more efficient and modern systems
  • Immediate return on investment/positive cash flow
  • Increased net operating income and property value
  • Shared cost and energy savings with tenants (if applicable)