As the single-largest operating expense for many commercial buildings, finding ways to curb energy consumption should be top-of-mind for most property owners. In Texas, plenty of financial incentives exist that make the incorporation of energy efficiency more manageable.
One incentive available to thousands of Texas property owners is the Commercial Solutions program offered by Texas New Mexico Power, a utility provider servicing more than 270,000 homes and businesses throughout the state.
The Commercial Solutions Program unlocks funding for energy-efficient improvements at new and existing buildings. Incentives are based on projected energy savings and can be used to help pay for things like high-efficiency HVAC, lighting, windows, roofing and more.
The incentive pairs well with Commercial Property Assessed Clean Energy in that many of the improvements eligible for Commercial Solutions also qualify for C-PACE financing, allowing property owners to maximize their investment in energy efficiency.
Lone Star PACE sat down with Josh Campbell, senior energy efficiency program manager at TNMP, to learn more about the incentive and how Texans can harness its benefits. For more information on pairing C-PACE financing with other sustainability incentives, schedule a meeting with Lone Star PACE today.