The Renewable Energy Program provides grants, loans, and loan guarantees for the construction of geothermal and wind energy projects. Program funds awarded must be matched 1:1 by private investment. Eligible recipients include businesses, economic development organizations, political subdivisions, and individuals.
Pennsylvania’s Commercial Property Assessed Clean Energy Program (C-PACE) launched in 2018 and supports business property owners in getting low-interest, long-term loans for clean energy projects, repaid through a property tax. Commercial, industrial, and/or agricultural properties can qualify for C-PACE financing. Pennsylvania’s C-PACE emphasizes smart buildings,
The Pennsylvania Energy Development Authority (PEDA), an independent public body, finances clean energy projects in the state. PEDA awards grants, loans, and loan guarantees as well as both tax-exempt and taxable bond financing for advanced clean energy projects. This authority and support exists outside of
This partnership between the Ohio Treasure of State and local banks provides reduced-rate financing to small business improvement projects for energy efficiency and renewable energy generation. The program offers up to a 3% interest rate reduction on small business loans of up to $550K for
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
Under Section 307.175, alternative energy systems are exempt from ad valorem property taxation, including solar, geothermal, and biogas (“methane gas”).
In Oregon, cities and counties can set up Rural Renewable Energy Development Zones. Within these zones, commercial renewable energy properties are eligible for a 3-5 year local property tax exemption. Renewable technologies include geothermal, solar thermal, biomass, and “other unconventional forms of energy to generate
HB 2021 created a $50 million fund at the Oregon Department of Energy to provide grants for the development of community renewable energy projects. Eligible “renewable energy systems” include those that use biomass, solar, geothermal, or biogas to generate energy as well as energy storage
This bill states that when considering public building projects with a total contract price of $5 million or more, contracting agencies must have considered various “green energy technologies.” In this bill, green energy technologies are broadly defined as systems that employ solar or geothermal for
Before the construction of a renewable energy production system, an individual can apply to the State Department of Energy for a grant worth up to 35% of the cost of the project or $250,000 per system. Their definition of a “renewable energy production system” includes
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The Renewable Thermal Collaborative (RTC) is the global coalition for companies, institutions, and governments committed to scaling up renewable heating and cooling at their facilities, dramatically cutting carbon emissions.
