The Clean Energy Fund, administered by the Community Development Finance Authority, provides loans for renewable energy, energy efficiency, and clean technology projects. Eligible applicants include businesses, non-profits, and municipalities. To receive financing, projects must result in at least a 15% increase in energy savings. Loans
The New York Green Bank (NYGB) offers investment opportunities in four areas: Clean Energy Financing Arrangements, Financing Arrangements for High-Performance Affordable Housing, NY Green Bank Eligible Purchaser Pool, and the community Decarbonization Fund – Financing for Disadvantaged Community Lenders. A state-sponsored, specialized financial entity, it
State-owned facilities are required to surpass the provisions in the Oregon State Building Energy Code by 20% or more if constructed or renovated on or after July 1, 2001. The state is also required to incorporate energy efficiency requirements into leases.
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
Utah’s Renewable Portfolio Goal law requires that investor owned utilities, municipal utilities, and electric cooperatives must derive 20% of adjusted retail electric sales from renewable resources by 2025. However, Utah only requires these utilities to pursue the goal to the extent that it is cost-effective.
Washington requires Investor-owned utilities, municipal utilities, rural electric cooperatives, and public utility districts to derive 100% of retail electricity sales from renewable resources by 2045. By 2030, all obligated utilities must be greenhouse gas neutral, either through renewable energy use or carbon offset measures. Utilities
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
Senate Bill 22-193 authorizes the Colorado Energy Office to provide grants to implement industrial and manufacturing emission reduction projects. Eligible applications include tribal governments, local governments, public-private partnerships, and private entities. Eligible facilities may use funds for renewable energy projects, fuel switching, industrial process changes
Hawaii’s Renewable Portfolio Standard, updated in 2015 with House Bill 623, requires that large self-generators ensure that electric utilities and on-site energy generation consists of 40% renewable energy by 2030, 70% by 2040, and 100% by 2045. Renewable energy includes energy generated using biomass, biofuels,
The Massachusetts Renewable Energy Trust Fund is aimed at promoting the increased availability, use, and affordability of renewable energy by funding research, design, and evaluation of pilots to promote energy innovation. Technologies that are eligible for funds include solar thermal, geothermal heating and cooling projects,
