Is the CEIP project financing tied to me or my property?

Unlike other financial instruments, projects financed through CEIP are tied to the property, not the property owner. Once an energy efficiency or renewable energy upgrade is installed and verified, it is added to the property tax bill for repayment. If the property owner decides to sell the property, the CEIP project financing stays with the property, and the new owner assumes payment and enjoys the benefits associated with the upgrade. Also, as the CEIP project financing can be paid off at any time, property owners can pay off the financing before selling their property.