Virginia PACE Financing

posted by Dave Llorens on June 24th, 2009

virginiaCongratulations, Virginia property owners! You live in a state that supports property tax solar financing.

How does Virginia’s clean energy financing program work?

SB 1212, the Clean Energy Financing Bill, allows Virginia localities the authority to create their own clean energy financing programs. Property owners who install green energy improvements will finance the costs through property taxes over a time period determined by the city or county.

Is the solar financing program available now?

The bill passed unanimously through the state Senate and House in March 2009 and will become law effective July 1, 2009. Now it’s just up to cities and counties to establish the programs.

Do you have more info on the status of this municipal solar and energy efficiency financing program? Let us know and we will update this page with your tips.

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Virginia PACE Financing

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