Leonardtown’s Energy Select becomes a Maryland C-PACE contractor | Business

Leonardtown-based Energy Select, is now the only Maryland C-PACE registered contractor in Southern Maryland. Commercial Property Assessed Clean Energy, or C-PACE, focuses on making commercial buildings more energy-efficient. This, in turn, allows county governments to create jobs, retain businesses, and help the local economy.

Government C-PACE policies are structured in such a way as to consider commercial and non-profit energy projects to be just as beneficial to the public as other vital infrastructure. C-PACE allows counties to access funding from private capital. This upfront financing enables commercial property owners to make any necessary energy efficiencies. The improvements are repaid via surcharges on property taxes. This means that the company does not accrue any debt for energy production and efficiency improvements.

C-PACE can help to make a building much more inviting to tenants as it will benefit from lower energy costs. This, in turn, makes the facility more valuable. There are

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