Virginia HB1325 Continues Momentum Towards Statewide C-PACE

Date:  14 March 2022

Source: CounterpointeSRE

The Virginia legislature recently passed an amendment paving the way to a statewide PACE program to further support the financing of energy efficiency and other upgrades to commercial buildings that mitigate the risks from flooding, natural disaster, and the impact of climate change on Virginia.

The bill (HB1325), introduced by Delegate David A. Reid (D) – House District 32, is available for review here

The bill-signing follows a December 2021 announcement by the Virginia Department of Energy of a partnership with Virginia PACE authority to form a statewide program in which the agency stated: “Establishing the statewide program provides localities the option to be a part of the program. This will standardize C-PACE processes leading to an accelerated improvement in properties, lower carbon emissions and increased economic activity.” 

For more information on Virginia’s Statewide Program, Virginia Energy and the Virginia PACE Authority published this update in March of 2022.

Virginia C-PACE programs
Source: CounterpointeSRE

C-PACE program status by region in Viriginia 
Source Virginia Energy Efficiency Council, March 2022 

Locality
Status
Arlington County
Active; launched in January 2018; program administrator: Sustainable Real Estate Solutions
City of Alexandria
Active; launched in September 2021; program administrator: Virginia PACE Authority
City of Chesapeake
Ordinance passed in February 2022
City of Danville
Ordinance passed in January 2020
City of Fredericksburg
Active; launched in December 2018; program administrator: Virginia PACE Authority
City of Lynchburg
Ordinance enacted; ordinance passed in December 2019
City of Norfolk
Active; program administrator: Virginia PACE Authority
City of Petersburg
Active; program administrator: Virginia PACE Authority; ordinance passed in July 2019
City of Richmond
Ordinance enacted; ordinance passed in November 2019
City of Roanoke
Active; program administrator: Virginia PACE; ordinance passed in October 2020 Authority
City of Virginia Beach
Ordinance passed October 2021
City of Winchester
Active; program administrator: Virginia PACE Authority; ordinance passed June 2021
Fairfax County
Active; launched in February 2020; program administrator: Virginia PACE Authority
Loudoun County
Active; launched in November 2019; program administrator: Virginia PACE Authority
Louisa County
Active; program administrator: Virginia PACE Authority; ordinance passed June 2021
Town of Dumfries
Active; launched in September 2020; program administrator: Virginia PACE Authority
Wise County
Ordinance passed January 2022

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