C-PACE is a financing tool that authorizes commercial property owners to finance energy efficiency, water conservation and renewable energy projects with no upfront costs. The program in Loudoun County operates under Chapter 825 of the Codified Ordinance and is administered by Virginia PACE Authority.
Property owners receive long-term, 100% financing from qualified capital providers for new equipment, building improvements and solar installations then repay that loan through their property tax bill or directly through qualified capital providers.
The first Loudoun County C-PACE program workshop was held November 7, 2019. The C-PACE program presentation is online.
For more information about the program, contact Virginia Pace Authority at 757-603-3555.