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
Colorado offers a refundable tax credit to industrial facilities exploring and implementing greenhouse gas emission reduction projects. CITCO can be used toward industrial studies, retrofit, expansion and new build projects. Studies might include energy and emissions audits or feasibility studies. A wide range of renewable
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,
Michigan offers a tax credit for businesses involved in alternative energy research, development, and manufacturing. Eligible business activity to claim credit for must be approved by the Michigan Next Energy Authority. In 2019, Michigan repealed this program and set it to expire for January 1,
Regulated electric utilities across Montana are required to offer customers a green power option from renewable resources. Specific renewable energy types and program administration policies vary by utility.
The State of Nevada allows municipalities to create districts to finance certain energy efficiency and/or renewable energy projects. Improvements must be made to industrial or commercial property. Qualified improvement projects can be financed through assessments on the real property that secure financing obtained from a
Oregon’s Department of Energy provides grants to finance up to 75% of energy assessment costs for farms, ranches, and rural small businesses. Energy assessments must be performed by an approved assessor.
The program offers low-interest loans for state, public school, college, university, and non-profit hospital facilities for retrofit projects that reduce energy consumption, peak energy demand, or utility costs, including through implementation of renewable thermal energy. The borrowed amount is repaid overtime with energy cost savings.
Wyoming allows municipalities to create Energy Improvements Areas in which to offer PACE financing. Property owners in these areas can receive loans for energy efficiency or renewable energy projects. Loans are repaid through special property assessment over a period of years.
The Clean Hydrogen Tax Credit is a refundable tax credit available to eligible taxpayers who use clean hydrogen to reduce emissions in hard-to-decarbonize sectors, such as industry, aviation, and heavy-duty transportation. An eligible taxpayer may claim up to $1 million in tax credits in 2025,
