The Vermont Economic Development Authority provides loans under this program for a variety of projects, including renewable energy and energy efficiency projects. Loans can be made at fixed rates on terms of up to 10 years in amounts of up to $1,000,000, not exceeding 50%
The Public Service Commission of West Virginia requires electric utilities to meet alternative and renewable energy portfolio standards, and allows them to do so by purchasing additional credits. The standards require electric utilities to own credits equivalent to at least 10% of the electricity they
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
Connecticut allows municipalities to exempt parties undertaking Class 1 renewable energy projects from paying building permit fees. Class 1 renewable resources include solar, wind, biomass, and others. The list of eligible parties who can claim this exemption is broad, including but not limited to local
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.
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 Michigan Property Assessed Clean Energy (PACE) funding provides property owners with the opportunity to finance energy efficiency, water conservation, and renewable energy projects with no upfront costs. Eligible improvements must decrease energy or water use or generate electricity on-site. PACE funding is available in
The Farm Opportunity Loan Program, in partnership with the Rural Finance Authority and local lenders, offers financing to agricultural entities for project loans related to energy efficiency equipment and environmental protection efforts. The Rural Finance Authority can participate in a loan of up to 80%
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 New Jersey Renewable Portfolio Standard requires electric utilities to derive 50% of energy sales from Class I renewables and 2.5% from Class II renewables by 2030. Eligible Class I renewable energy sources include geothermal, landfill gas, solar, anaerobic digestion, and certain forms of sustainable
