The Fairfax County Board of Supervisors approved a Commercial PACE ordinance on March 19, allowing commercial, industrial, nonprofit and multi-family property owners to use C-PACE financing for renewable energy and energy efficiency upgrades. Eligible projects include heating and ventilation, lighting, insulation, low-flow water fixtures, and renewable energy such as solar or wind. These projects can be undertaken as retrofits on existing buildings, or as part of new construction. With new amendments to Virginia's state-wide C-PACE statute, (SB 1559 and SB 1400) it will also allow for financing of resiliency and stormwater management measures, effective July 2019. Fairfax has one of the Vi
County of Loudoun, Virginia has released a Request for Proposal to obtain a Commercial Property Assessed Clean Energy (C-PACE) Program Administrator to design, promote, and administer the County’s C-PACE Program. The proposal period runs until April 22, 2019. Pre-Proposal Conference will be held Monday, April 1, 2019 at 2:30 PM in Leesburg VA for clarification of any questions on the specifications. All details are available here: https://www.loudoun.gov/bids.aspx?bidID=572
There has been a lot of C-PACE movement in Virginia over the past couple of months. The summary below, from Virginia Energy Efficiency Council, provides an overview of the highlights. Attorney General Opinion In response to a request from Loudoun County’s Attorney, the Virginia Office of the Attorney General issued an Advisory Opinion on the Commonwealth’s C-PACE law on February 1, 2019. The opinion clarifies two key issues: 1) local governments may authorize capital providers or third-party program administrators to perform billing and collecting of C-PACE loan payments, and 2) localities may assign rights to capital providers to record and enforce the voluntary special assessment liens tha
Montgomery County's Commercial PACE program has financed an inaugural project in Rockville. Montgomery County established its C-PACE program to assist commercial, multifamily, industrial and nonprofit building owners in financing energy efficient and renewable energy upgrades. The energy improvements are projected to reduce the building’s electricity and water consumption by almost half, saving more than $160,000 in energy and maintenance costs annually. The project also will reduce energy use by approximately 2,300 million British Thermal Units (MMBTU), generate nearly 100,000 kWh of solar energy and save more than 750,000 gallons of water annually. Keith Derrington, president of Rockville-
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