Washington established a statewide Renewable Fuels Office to promote RDD&D of renewable fuel technologies and facilitate the establishment of a Clean Hydrogen Hub in the state. The state also tasked the office with studying hydrogen incentive structures, standards, and future regulation, supporting the equitable implementation
The California PACE Program allows local governments to establish property assessed clean energy districts. In these districts, property owners can borrow money to finance energy improvements and pay the borrowed money back, typically with property taxes, with a special property assessment. The California Alternative Energy
The Illinois Clean Energy Innovation Fund is a revolving investment fund seeded by a grant from the state of Illinois and the U.S. Department of Energy. It is now managed by Evergreen Climate Innovations, a non-profit investment fund. This fund makes direct investments in high-potential,
Efficiency Maine offers incentives for commercial, nonprofit, government, and industrial users to fund thermal projects that reduce the consumption of natural gas, oil, biomass, and other fuels. Eligible projects must save a minimum of 400 MMBtu of piped natural gas annually and lead to fuel
The Montana Energy Office operates a revolving fund to provide low-interest loans to local governments, non-profits, and businesses under 100 employees for renewable energy and efficiency projects. The program offers loans up to $40,000 with no down payment at an interest rate of 3.5% on
The New Jersey Economic Development Authority established a “Garden State C-PACE program” to facilitate the financing of Commercial-Property Assessed Clean Energy (C-PACE) projects in municipalities that opt in. While PACE financing usually entails voluntary assessments on property, the Authority can also establish a loan loss
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
South Carolina provides a property tax exemption for renewable energy systems with a rated capacity up to 20 kW measured in alternating current. Technologies eligible for this exemption include solar thermal, geothermal, green hydrogen, and biomass. Combined heat and power from renewable sources would also
To advance new and emerging clean energy technologies, the Washington State Department of Commerce offers matching funds for federal and private grants used towards research, development, and demonstration. Grants are awarded through a competitive application process. Grant sizes range from case to case.
The Colorado Clean Energy Fund is a specialized, nonprofit intermediary developed as a collaboration between the Colorado Energy Office, the Department of Energy, and the Coalition for Green Capital. The Fund deploys investment capital to connect individuals and organizations undertaking clean energy projects with traditional
