Massachusetts Property Assessed Clean Energy (PACE) funding helps commercial and industrial property owners finance energy improvements with financing terms of up to 20 years. Eligible energy improvements include measures that reduce energy consumption and renewable energy system installation. PACE funding is offered in participating municipalities.
Michigan offers a tax exemption up to 100% for commercial alternative energy systems, personal property of an alternative energy technology firm, or personal property used by a business for the purpose of alternative energy research, development, or manufacturing.
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 Nevada State Infrastructure Bank is available to provide qualified borrowers with loans and other financial assistance towards the development, construction, and maintenance of various facilities including renewable energy infrastructure. These financing agreements include loan agreements, trust indentures, reimbursement agreements, bonds, and notes. Qualified borrowers
The Alternative and Clean Energy Program provides grants, loan guarantees, and loans for the construction of alternative and clean energy projects. Private investment must match $1 for every $1 of program funds awarded. Eligible applicants include businesses, economic development organizations, individuals, and local governments. Alternative
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
