Commercial Property Assessed Clean Energy Financing

Commercial/Non-Residential

Local businesses and organizations in the City of Fredericksburg can take advantage of the Virginia Commercial Property Assessed Clean Energy (C-PACE) Financing Program to invest in renewable energy technologies, energy efficiency, and water conservation improvements. This program provides flexible financing structures and terms to help qualified businesses and their owners overcome financial barriers to making these improvements. C-PACE is financing tool that provides 100% upfront capital to participating property owners.

Below are some examples of the commonly installed energy conservation measures (ECMs) in commercial buildings:

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  1. ENERGY EFFICIENCY
  2. WATER CONSERVATION
  3. RENEWABLE ENERGY
  • Lighting upgrades
  • HVAC equipment
  • Building controls
  • Building envelope
  • Elevator/escalator upgrades
  • Hot water heaters
  • Energy recovery systems
  • Pool pumps

Additional Information

City of Fredericksburg C-PACE Program - Economic Development & Tourism

Find out more information at the Virginia C-Pace website.