C-PACE Financing in Waynesboro
Helping property owners invest in energy-efficient, sustainable buildings—without the upfront costs.
Waynesboro is a PACE-enabled jurisdiction and proud to offer Commercial Property Assessed Clean Energy (C-PACE) financing to help commercial, industrial, and multifamily property owners improve their buildings’ energy efficiency, resiliency, and overall performance.
How It Works
C-PACE is a public-private partnership that connects property owners, capital providers, and local government. The result? A smart financing tool that supports clean energy projects and sustainable upgrades for your building, while benefiting the whole community.
Key Benefits
- $0 out of pocket. C-PACE provides 100% financing—covering all hard and soft costs.
- Long-term, fixed-rate financing. Repayment terms can extend up to 30 years.
- Cash flow positive. Most projects start saving money in the very first year.
- Boost property value. Modern improvements can extend your building’s life and make it more comfortable.
- Transferable upon sale. If you sell the property, the C-PACE assessment transfers to the next owner.
What Can Be Financed?
- Renewable energy systems (like solar)
- Energy efficiency upgrades
- Water conservation and stormwater management improvements
- Resiliency measures, including seismic and wind protection
Administered by the Experts
Waynesboro’s C-PACE program is administered by the Virginia PACE Authority, a trusted nonprofit with deep expertise in clean energy financing.
Get Started
- Learn more at Virginia Pace Authority at virginiapace.com
- Complete pre-application to see if your project is eligible
- Select a qualified C-PACE Capital Provider to finance your project
- If eligible, develop your project scope & submit final application
- VPA approves project, Capital Provider funds project, and C-PACE is secured on the property
- Complete construction and pay back as a special assessment on your property
