In Virginia, local government holdouts slow rollout of clean energy financing tool

Energy News Network: Solar consultant Arthur Fichter IV has no doubt that coastal Virginia’s commercial sector would save millions on utility bills and be richer with arrays if the region had access to long-term financing for clean energy and energy efficiency projects.

He became aware of such a tool for buildings — PACE, or property assessed clean energy — during two recent training sessions in Norfolk and nearby Virginia Beach, both part of an area known as Hampton Roads.

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