The Vermont Statutes Online
The Statutes below now include the actions of the 2026 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Title 24 : Municipal and County Government
Chapter 087 : Special Assessments
Subchapter 003 : Commercial Property-Assessed Clean Energy
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§ 3277. Program administrators
(a) An entity that administers the commercial property-assessed clean energy program or C-PACE Program under this subchapter shall be referred to as a program administrator. A municipality, a public agency, or a private entity may serve as a program administrator.
(b) A municipality that has adopted a C-PACE district may:
(1) enter into a contract with an entity to serve as the program administrator and to administer the functions of the C-PACE Program for the municipality; or
(2) serve as the program administrator itself, to administer the functions of a C-PACE Program, including entering into C-PACE agreements with commercial property owners in its jurisdiction and collecting C-PACE assessments.
(c) An entity may:
(1) enter into a contract with a C-PACE municipality where the entity shall serve as the program administrator in the municipality; and
(2) collect fees necessary to administer the C-PACE Program.
(d) Other than the fulfillment of its obligations specified in a C-PACE agreement, neither the program administrator nor a municipality has any liability to a commercial property owner for or related to energy savings or resiliency improvements financed under a C-PACE Program. (Added 2025, No. 128 (Adj. Sess.), § 14a, eff. June 8, 2026.)