Any new construction of buildings owned by Washington D.C. should be all-electric, adhere to Net Zero Energy standards, and utilize renewable energy technology when feasible. Washington D.C. This also applies to substantial building improvement projects that are owned by or receive District direct or indirect
Iowa businesses can apply to the Low Interest Revolving Loan Fund, administered by the IADG Energy Bank, for financing on renewable energy, energy efficiency, and energy management projects. Loan terms are low-interest and have a term of up to 10 years. Loan sizes range from
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.
Michigan has a set of energy efficiency goals for state buildings. All new state buildings and facilities as well as major renovations, must be carbon neutral by 2040. Also, all existing state buildings and facilities are required to reduce their energy use by 40% by
Businesses that process forestry industry residues into fuel can claim a $5 credit for every ton of material they process. A multiplier of 4 applies to charcoal. Any excess of credits above the tax liability of a company can be carried over to the following
The North Dakota Industrial Commission’s Renewable Energy Development Program allows any person, corporation, partnership, cooperative, or association to apply for funds for projects which propose education, research, development, or marketing of renewable energy resources, materials, or advanced energy technologies. $3,000,000 of funding is available each
New Mexico allows businesses to deduct 100% of the value of biomass equipment and biomass materials used for biopower, biofuels, or biobased production. This tax deduction works the same as a sales tax exemption.
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
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.
The PACE program offers low-cost, long-term financing for improvements to commercial and industrial properties. The program seeks to bolster energy efficiency, decrease water consumption and energy demand, by financing technologies that generate electricity, provide thermal energy, or regulate temperature. Local governments must opt-in to this
