New York offers a property tax exemption for energy conservation improvements including solar thermal, biomethane, and thermal storage systems. Tax exemptions last for a period of 15 years. To qualify, systems must be constructed before January 1, 2030. Any qualifying system owned or controlled by
Oregon’s Department of Energy provides grants through the Energy Efficiency and Conservation Block Grant Program to local governments that are not otherwise eligible to receive funding directly U.S. Department of Energy Energy Efficiency and Conservation Block Grant. Oregon will grant at least 60% of this
Rhode Island’s Renewable Energy Standard requires all retail electricity providers to derive 100% of retail sales from renewable resources by 2033 and thereafter, and meet incremental benchmarks up to that year. Retail electricity sales derived from eligible renewable resources placed into commercial operation before December
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.
This program accelerates the adoption of innovative energy technologies and expands access to them by providing reimbursement grants to manufacturers, non-profits, utilities, and local institutions like schools, hospitals, and municipalities. Projects using biomass, biogas, solar thermal, beneficial electrification, and thermal storage, among other technologies, are
Section 41-1514.02 of the Arizona Revised Statutes sets up an environmental technology assistance program under the state Arizona Commerce Authority to support the production of renewable energy products and expansion efforts. Environmental technology manufacturers, producers or processors that make capital investments in qualified facilities in
The Connecticut Green Bank is the nation’s first green bank. It works with private-sector investors to create low-cost and long-term financing for sustainable projects. More specifically, it looks to support clean energy infrastructure improvements, accelerate the commercialization of clean energy sources, and stimulate demand for
Innovation Fund Tax Credits, which will be available until June 30, 2028, are allowed against income, corporate, and franchise taxes. A tax credit shall be allowed against certain taxes for up to 25% of a taxpayer’s cash equity investment in a board certified innovation fund.
Massachusetts Clean Energy Center administers the IncubateMass program to provide funding to Massachusetts incubators to grow the clean energy innovation ecosystem and commercialize clean-tech startups. Grants are up to $175,000 per year and support building out infrastructure, equipment purchases, networking events, growing strategic clusters, and
The Maine 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. Qualifying properties must be real commercial properties that do not have residential mortgages, are not
