Dumfries building owners have a new way to pursue clean energy projects.
The town has started a Commercial Property-Assessed Clean Energy (C-PACE) Financing Program.
Through this program, building owners are able to receive funding for needed equipment and updates.
Private lenders provide the funding, which is paid back using property tax assessments, according to a release from the Town of Dumfries.
In December 2019, a C-PACE ordinance was approved by the Town Council.
Dumfries teamed up with the Virginia PACE Authority, which will be the town’s Program Administrator, a few months ago.
A virtual C-PACE workshop will be held at 3 p.m. on October 5. Officials are planning to post the workshop link to the Town of Dumfries website next week.
For more information about the program or to apply, visit the Virginia PACE Authority website.
© Copyright 2018 What's Up Prince William. All Rights Reserved