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Virginia C-PACE Clean Energy Financing Local Option

Local governments in Virginia are authorized to offer PACE financing support to renewable energy, energy efficiency, and water efficiency projects. Local governments have discretion over funding sources, qualifying projects, loan term lengths, loan amounts, and interest rates. 

Policy Type:

Sustainable Finance

Sources:

https://lis.virginia.gov/cgi-bin/legp604.exe?151+ful+CHAP0427&151+ful+CHAP0427
https://virginiapace.com/wp-content/uploads/2022/03/Virginia-C-PACE-Statewide-Update-2022-03.pdf

Technologies:

Biogas, Biomass, Geothermal, Green Hydrogen, Landfill Gas, Renewable Electrification, Renewable Natural Gas/Biomethane, Solar Thermal, Thermal Storage

Sunset Date:

Date Updated:

01/27/2023

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The Renewable Thermal Collaborative (RTC) is the global coalition for companies, institutions, and governments committed to scaling up renewable heating and cooling at their facilities, dramatically cutting carbon emissions. 

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