Massachusetts has a Renewable Portfolio standard that requires utilities to produce 40% of sales by 2030 from Class I renewable sources, and another 1% annually thereafter. Class I sources include solar thermal electric, landfill gas, low-emission advanced biomass power conversion technologies, biogas, and geothermal energy.
Non-profits, government entities, commercial entities, educational institutions, and industrial entities can claim prescriptive program incentives on qualifying equipment.
Minnesota’s Comprehensive Energy Savings Plan for State Facilities requires projects to exceed the January 2004 state energy code by 30%. In addition, project managers must have 2% of a building’s total energy use come from wind or solar power. If this is not achievable, the
Montana law requires electric utilities to contribute the equivalent of 2.4% of annual revenue, obtained through a customer surcharge, to the Public Benefits Fund. The Public Benefits Fund supports low-income weatherization efforts and energy assistance, research and development programs geared toward energy conservation and renewable
The Nevada Governor’s Office of Energy offers low-cost loans for entities looking to undertake energy efficiency, renewable energy, or energy conservation projects in the state. Applicants can receive between $100,000 and $1 million. These loans have terms up to 15 years and an interest rate
Ohio requires all retail electricity providers, except for municipal utilities and electric cooperatives, to source at least 8.5% of energy sales from alternative energy resources by 2026. Renewable energy facilities must have been operational on or after January 1, 1998 to qualify. Facilities can use
Puerto Rico offers a property tax exemption up to 100% for renewable energy systems and related equipment. Eligible renewable energy systems include solar thermal systems, biomass systems, geothermal systems, and a wide range of other technologies.
Under the Reinvestment Payment Program, new industrial facilities including investment of at least $20,000,000 or equipment upgrades of any kind worth greater than $2,000,000 can apply for a reinvestment payment no later than 90 days after starting construction. If the Board of Economic Development approves
Businesses, individuals, partnerships, limited liability companies, non-profits, and municipalities undertaking renewable energy or energy efficiency projects are eligible to receive funding through the Vermont Economic Development Authority’s Commercial Energy Loan Program. Loans are available up to $6 million with the variable rate option and $500,000
The California Air Resources Board (CARB) has a multi-sectoral cap-and-trade system that requires businesses to purchase allowances equivalent to their emissions, incentivizing mitigation and the uptake of renewable thermal solutions. The program is designed to contribute to the state’s goals to reduce greenhouse gas emissions
