Cape Charles - STIP Minimum Sustainability Requirements (Virginia)

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Summary

Last modified on May 24, 2011.

Financial Incentive Program

Place Virginia

Name Cape Charles - STIP Minimum Sustainability Requirements
Incentive Type Green Building Incentive
Applicable Sector Industrial, Local Government
Eligible Technologies Passive Solar Space Heat, Solar Water Heat, Solar Space Heat, Solar Thermal Electric, Photovoltaics
Active Incentive No

Implementing Sector Local
Energy Category Renewable Energy Incentive Programs



























Program Administrator Sustainable Technology Park Authority

Date added to DSIRE 2001-02-02
Last DSIRE Review 2001-02-20



References DSIRE[1]


Summary

Cape Charles Sustainable Technology Industrial Park (STIP), located on the Eastern Shore of Virginia, is an eco-industrial park that is taking advantage of a number of energy technologies, including solar energy systems.

Occupants of STIP are awarded rebates if they exceed the "Minimum Sustainability Requirements." Sustainability audits are conducted annually. This Performance Incentive Award is given to owners in the form of a reduction of up to 5% of their annual assessment for exceeding minimum environmental criteria, and up to an additional 5% reduction for exceeding minimum social criteria. For occupants to lease their lots, the incentive award is in the form of a base rent reduction of up to 6% for exceeding minimum environmental criteria, and up to an additional 6% reduction for exceeding minimum social criteria.

Occupants are subject to a "Non-Compliance Penalty"---a monthly fee equivalent to 5% of the occupant’s proportionate share of the annual assessment.


Incentive Contact

Contact Name Timothy Hayes
Department Sustainable Technology Park Authority

Address 301 Patrick Henry Avenue

Place Cape Charles, Virginia
Zip/Postal Code 23310
Phone (757) 331-1998
Phone 2 (757) 678-0440

Email thayes@esva.net
Website http://www.sustainablepark.com
     
     

  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE)"