Cape Charles - STIP Minimum Sustainability Requirements

February 20, 2001


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.

Program Overview

Implementing Sector: Local
Category: Financial Incentive
State: Virginia
Incentive Type: Green Building Incentive
Web Site:
Administrator: Sustainable Technology Park Authority
Start Date:
Eligible Renewable/Other Technologies:
  • Solar - Passive
  • Solar Water Heat
  • Solar Space Heat
  • Solar Thermal Electric
  • Solar Photovoltaics


Name: Timothy Hayes
Organization: Sustainable Technology Park Authority
Address: 301 Patrick Henry Avenue
Cape Charles VA 23310
Phone: (757) 331-1998

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.