Local governments in Virginia are authorized to offer PACE financing for renewable energy, energy efficiency, and water efficiency projects at commercial properties. Property owners and developers receive long-term,100% financing from qualified capital providers,
PACE Wisconsin allows municipalities to work with private sector lenders to provide up to 100% of the up-front cost to property owners for qualified energy efficiency and renewable energy measures. Loans are repaid through a property tax assessment using resulting energy savings over a period
Arizona does not tax energy efficiency building components, renewable energy equipment, and combined heat and power systems as property. Arizona Revised Statute 42-11054, which details this exemption, specifies that renewable energy equipment includes equipment used to produce energy primarily for on-site consumption from renewable resources,
Colorado offers a refundable tax credit to industrial facilities exploring and implementing greenhouse gas emission reduction projects. CITCO can be used toward industrial studies, retrofit, expansion and new build projects. Studies might include energy and emissions audits or feasibility studies. A wide range of renewable
The HI C-PACER Program is a state-sponsored program that helps building owners, and property developers access privatesector financing for the installation of energy efficiency, water conservation, renewable energy, resilience and other qualifying improvements. HI C-PACER is economically attractive because it can provide up to 100
The Massachusetts Clean Energy Center funds Innovate Mass, a program that provides up to $350,000 in bridge funding and technical support to help early-stage companies achieve commercialization for new clean energy technologies and innovative combinations of existing technologies. To qualify, companies must have advanced and
The Maine Clean Energy and Sustainability Accelerator is a specialized finance program designed to drive private capital into market gaps for goods and services producing low or no greenhouse gas emissions. Qualifying projects include solar, wind, and geothermal projects, projects using fuel cells to store
Aimed at assisting Minnesota public entities in boosting energy efficiency and renewable energy deployment, this program provides a wide array of technical, contractual, and financial assistance in pursuing Energy Savings Performance Contracting. ESPCs work with approved Energy Service Companies to use the money saved by
Commercial properties and large residential developments in participating municipalities can apply for financing that covers 100% of the upfront costs for renewable energy and energy efficiency projects. Eligible properties include commercial, industrial, non-profit, mixed-use, agricultural, and multi-family units. Projects greater than $100,000 may be eligible
This tax credit applies to new or renovated sustainable buildings that utilize certain upgrades, such as air source and water source heat pumps, to increase energy efficiency or energy conservation. As of 2021, this tax credit requires a higher level of LEED certification for a
