The Arkansas PACE Program allows counties and cities to establish property assessed clean energy districts. In these districts, property owners can borrow money to finance energy improvements and pay the borrowed money back, typically through property taxes, with a special property assessment.
The Florida Commercial Property Assessed Clean Energy (C-PACE) program allows owners of eligible commercial and industrial buildings to finance up to 100% of their renewable energy and other sustainability improvements. A wide range of renewable energy technology projects are eligible. This financing is only available
Maryland allows local governments to establish PACE programs, where property owners can borrow money to pay for energy improvements and pay it back through a special property assessment over time. Maryland also developed a statewide PACE program. PACE programs can finance a broad range of
The Missouri Department of Natural Resources offers emergency loans to public schools, local governments, public hospitals, and public colleges and universities to manage energy equipment failure to replace, repair, and upgrade damaged equipment.
The Commercial Property Assessed Clean Energy (C-PACE) Program is a financing structure that provides eligible property owners with access to long-term fixed-rate financing for a range of energy efficiency, renewable energy, water efficiency, and resiliency improvements. The program allows local governments to secure the financing
Pennsylvania’s Commercial Property Assessed Clean Energy Program (C-PACE) launched in 2018 and supports business property owners in getting low-interest, long-term loans for clean energy projects, repaid through a property tax. Commercial, industrial, and agricultural properties can qualify for C-PACE financing. Pennsylvania’s C-PACE emphasizes smart buildings,
Virginia localities may establish local green banks to promote any clean energy technology. Banks may be set up as public entities, quasi-public entities, depository banks, or nonprofit entities. Localities must offer to include private lenders in green banks.
Arkansas allows municipalities and counties to issue energy efficiency project bonds. Eligible uses include projects that reduce energy consumption or operational costs or projects to install energy efficiency systems. Bonds can be issued for a maximum of 20 years. These bonds and their income are
Georgia allows local governments to create special improvement districts in which to administer PACE financing. PACE financing allows property owners to borrow money for energy efficiency, renewable energy, water conservation, and water efficiency projects, which is repaid through a special property assessment overtime. This financing
Maryland offers low-interest or no interest loans for non-profits, local governments, institutions, schools, businesses, and state agencies seeking to identify and install energy conservation improvements which are then paid back through energy savings. Loans must be paid back within 13 years.
