Heat Pumps

Electric Program Investment Charge (EPIC)

The Electric Program Investment Charge (EPIC) was established in 2011 and augmented in 2022 with an additional $1 billion in funding to last through July 22, 2030. EPIC invests over $130 million annually. The program expedites the development and demonstration of technologies that increase resilience

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Delaware Property Assessed Clean Energy Program (C-PACE)

Delaware C-PACE offers low-interest loans to commercial, industrial, agricultural, nonprofit, and multifamily property owners for energy efficiency and renewable energy projects. Loan amounts can range between $30,000 and $2,000,000 per project. For a property owner to take advantage of this program, the county in which

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Illinois Climate Bank

The Illinois Finance Authority administers the Illinois Climate Bank. The Illinois Climate Bank provides bond financing for renewable energy and energy resilience projects through a range of programs including the Grid Resilience Grant, the State Small Business Climate Initiative, and the PACE bond program.

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Mandatory Green Power Option

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.

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State Infrastructure Bank

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

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Local Option – Special Energy Improvement Districts / PACE

Ohio allows local governments to create special energy improvement districts in which property owners can access PACE financing for energy efficiency and renewable energy improvement projects. This financing can be used for, biomass, geothermal, gasification, and energy efficiency projects. Loans are paid back by property

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Green Energy Trust

The Puerto Rico Green Energy Trust, created by the Puerto Rican Government, provides funding for research, development, and infrastructure projects related to renewable and clean energy. A wide range of renewable energy projects are eligible to receive support.

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Commercial Property Assessed Clean Energy (PACE)

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

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