City of Alexandria Launches Commercial Property Assessed Clean Energy Program
The City of Virginia Beach passed their C-PACE ordinance!
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What is C-PACE?
C-PACE – Commercial Property Assessed Clean Energy – is an innovative clean energy financing tool that provides 100% upfront capital to property owners who want to upgrade their buildings with energy efficiency, renewable energy, and water management systems. Learn more with C-PACE 101 and Case Studies or read our FAQs.
Who is the Virginia PACE Authority?
Virginia PACE Authority (VPA) is a 501(c)(3) nonprofit organization that designs and administers C-PACE loan programs for Virginia communities. We offer a uniform, cost-effective and highly innovative C-PACE program platform that fosters greater economic development activity and promotes the Commonwealth’s clean energy goals. As the program administrator, VPA works with commercial businesses, property owners, contractors and local governments to facilitate the financing of energy efficiency, renewable energy and resilient projects on both existing buildings and new developments.