The Rhode Island Infrastructure Bank administers the Rhode Island Commercial Property Assessed Clean Energy (C-PACE) program, which provides long-term, fixed-rate financing for building upgrades in commercial and industrial properties. Eligible costs include up to 100% of hard and soft costs. Eligible projects include energy efficiency
The Washing State Housing Finance Commission’s Sustainable Energy Trust provides loans for energy efficiency and clean energy-related retrofits and new construction. Loan sizes can range from $50,000 to up to $1 million, at interest rates of 2-4%. Eligible applicants include but are not limited to
CalRecycle administers a GHG Reduction loan program to assist “recycling manufacturers.” Eligible applicants include government authorities, private for-profit entities, and non-profit organizations. Eligible projects must reduce overall GHG emissions associated with California-generated waste materials and include facilities that use feedstock to create biofuels and other
Iowa businesses can apply to the Low Interest Revolving Loan Fund, administered by the IADG Energy Bank, for financing on renewable energy, energy efficiency, and energy management projects. Loan terms are low-interest and have a term of up to 10 years. Loan sizes range from
The Michigan Property Assessed Clean Energy (PACE) funding provides property owners with the opportunity to finance energy efficiency, water conservation, and renewable energy projects with no upfront costs. Eligible improvements must decrease energy or water use or generate electricity on-site. PACE funding is available in
The Clean Sustainable Energy Authority provides grants, loans, and other financial assistance to firms to support research, development, and commercialization of technologies that reduce environmental impacts and increase the sustainability of energy production. Applications are evaluated based on technical feasibility, economic viability, and the recommendation
Nebraska PACE offers financing for energy improvement projects to property owners. The amount is repaid through a special assessment on the property over a period of years. Local governments can authorize special financing districts for energy efficiency and renewable energy projects. This program is only
The Rhode Island Efficient Buildings Fund (RIEBF) is a revolving loan fund that provides low-interest rate loans to governmental entities for new equipment used in energy efficiency projects, as well as for storage equipment installed in combination with renewable electricity generation. Borrowers must report energy
This legislation establishes a Commercial Property Clean Energy and Resiliency (C-PACER) program that local governments in Washington may implement to allow agricultural, commercial, and industrial properties to borrow money to reduce energy use or generate renewable energy. Under the program, debt is taken on by
The California PACE Program allows local governments 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 with property taxes, with a special property assessment. The California Alternative Energy
