POST FALLS, Idaho — The City of Post Falls announced Wednesday it would launch a Commercial Property Assessed Clean Energy (CPACE) program that would be funded by voluntary property tax assessment.
The program’s goal is to help commercial property owners with energy efficiency, renewable energy, water conservation, and seismic resilience.
Property owners can use CPACE to finance fixed-rate, long-term projects with no upfront costs, instead of relying on traditional loans or capital budgets.
“Post Falls is focused on building a resilient and forward-looking economy,” said Mayor Ron Jacobson. “With the CPACE program, we’re empowering our businesses to adopt clean technologies and infrastructure that will not only save money over time but also contribute to a more sustainable community.”
The city says the energy-saving upgrades could reduce utility costs, increase property value, and make work spaces more comfortable for staff.
“By adopting CPACE, Post Falls is joining a growing number of cities that recognize clean energy investment as a pathway to prosperity,” said City Administrator Shelly Enderud. “This program provides practical, cost-effective tools for our commercial sector to lead in energy innovation.”
The Post Falls City Council is expected to approve the CPACE program on July 1, 2025.
For more information and to apply, click here.
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