Loudoun County C-PACE Program

Commercial Property Assessed Clean Energy (C-PACE) Program

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. 

C-PACE Workshop

Learn about the new C-PACE program in Loudoun County and how financing can help your business or property be more profitable and energy efficient. Free to attend! 

Thursday, November 7, 2019
3:00 p.m. - 4:30 p.m. - Workshop
4:30 p.m. - 6:30 p.m. - Exhibition in the Government Center lobby
Loudoun County Government Center, Dulles Room
1 Harrison Street, SE
Leesburg, VA 20175

Learn more and register.

Benefits

Community Benefits

  • Savings opportunities for local businesses
  • Revitalize buildings and improve property values
  • Attract new development and construction projects
  • Create more jobs and stimulate local economy
  • Conserve resources and reduce pollution 

Property Owner Benefits

  • Lowers utility bills
  • Increases property values
  • Attracts or retains tenants with updated infrastructure

Eligibility and Applying

How it Works

  1. Fill out the pre-application to see if you are eligible to use C-PACE
  2. If eligible, develop your project scope and submit final application
  3. Select a qualified C-PACE lender to finance your project
  4. VPA approves your project, funding is provided and PACE lien is placed on the property
  5. Complete construction and pay back as a special assessment on your property

Contact

For more information about the program, contact Virginia Pace Authority at 757-603-3555.