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.
