Commercial Property Assessed Clean Energy (C-PACE) is a long-term financing vehicle for bringing your building energy and water usage to Net 0 – It’s a long-term, fixed-rate loan, NOT an incentive program. The funding is earmarked solely for energy-related improvements and water conservation projects on commercial property developments. A PACE assessment can finance up to 100% of eligible energy-related improvements, thereby limiting the up-front cash payment.