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Loudoun County, Virginia launches C-PACE Program

The Loudoun County C-PACE program officially launched earlier this year. The program is administered by Virginia PACE Authority, which held its first program workshop earlier this month (presentation here).

The Loudoun County C-PACE Program is an innovative C-PACE Financing program that offers an open-market solution for building owners and promotes clean energy and economic development. The Program enables owners of commercial and industrial property owners to obtain low-cost, long-term financing for energy-efficiency, renewable energy, and water efficiency improvements. C-PACE Financing helps property owners overcome financial barriers that typically discourage investment in energy and water conservation improvements to new and existing buildings. Improvements financed using C-PACE can be completed with no up-front, out-of-pocket cost to property owners and can generate positive cash flow upon completion.

A full program guide and project resources are available here.

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