On December 3, 2019, Town Council adopted a local C-PACE (Commercial Property Assessed Clean Energy) Program. Sponsored by Councilwoman Cydny Neville, the Town’s local C-PACE ordinance provides a financing tool for commercial property owners to make energy efficient, water conservation and renewable energy upgrades through innovative financing with no upfront costs. Property owners receive long-term, 100% financing from qualified capital providers for new equipment, building improvements and solar installations. The loan is repaid through the owners’ property tax bill or directly through qualified capital providers.
The Town has entered into contract with the Virginia PACE Authority to serve as Program Administrator for the Town. As Program Administrator, the Virginia PACE Authority will provide specific guidance and informational materials on behalf of the Town.
For more information please contact the Department of Planning & Community Development at 703-221-3400 x115.