The DC Green Bank is a quasi-government institution helping to use innovative financing mechanisms to lower barriers to renewable energy deployment. It offers several products for residential, commercial, and industrial customers, including the Commercial Loan for Energy Efficiency and Renewables (CLEER) and the Community Impact
The Illinois Finance Authority administers the Illinois Climate Bank. The Illinois Climate Bank provides bond financing for renewable energy and energy resilience projects through a range of programs including the Grid Resilience Grant, the State Small Business Climate Initiative, and the PACE bond program.
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
Through this program, small businesses, institutions, and local governments in Minnesota can receive no-cost recommendations on how to increase energy and water efficiency and cut operating costs. The recommendations come from assessments conducted by retired, experienced professionals funded by the MCPA.
Under North Carolina’s Program to Finance Energy Improvement, local governments can create a revolving loan program to finance the purchase and installation of renewable energy projects affixed to residential, commercial, or other real property. The charged interest rate on loans may not exceed 8% per
The Nevada Clean Energy Fund increases the pace and amount of financing available for qualified clean energy projects in the state. It is functionally a Green Bank, as it seeks to help deploy renewables such as solar and geothermal using a variety of financing structures.
Oklahoma has a Commercial Property Assessed Clean Energy (C-PACE) program which can finance up to 100% of the costs of eligible projects with an extended amortization period such that projects can be cash flow positive from day one. Eligible properties include commercial, industrial, and agricultural
Rhode Island offers manufacturers and residential buildings a property tax exemption up to 100% for qualifying solar thermal, geothermal, biogas, and biomass systems.
The Clean Energy Development Fund provides funding for renewable energy and energy efficiency measures. Eligible recipients include agricultural entities, businesses, non-profits, institutions, and industrial entities. There is a wide range of qualifying renewable energy technologies.
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
