PACE Wisconsin allows municipalities to work with private sector lenders to provide up to 100% of the up-front cost to property owners for qualified energy efficiency and renewable energy measures. Loans are repaid through a property tax assessment using resulting energy savings over a period
This is one of two programs under the California Energy Conservation Assistance Act. Under this Act, the California Energy Commission provides cities, counties, special districts, public universities, public hospitals, and California Native American Tribes with 1%-interest loans capped at $3 million to finance energy efficiency
This sales and use tax exemption applies to solar energy systems and components, as well as equipment used to produce, store, transport, compress, or blend green hydrogen, which can be created using biomass, geothermal, or other renewable energy sources.
Kentucky allows local governments to establish PACE financing programs in their jurisdictions. They can also finance the program through bond issuance or partnership with a third party. Governments may also hire third parties for program administration purposes. All PACE programs have to review the property’s
Maryland allows local governments to establish a tax credit for property taxes for buildings with silver rating according to the U.S. Green Building Council’s LEED standards or better, or have another comparable green building rating that is recognized by the state. The scope and terms
Every year, the Minnesota Commerce Department runs a competitive RFP process to award funds for research projects into methods utilities can adopt to help their programs (Conservation Improvement Programs, or CIPs) increase efficiency in the use of the energy they sell. Any public or private
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 Governor’s Office of Energy offers low-cost loans for entities looking to undertake energy efficiency, renewable energy, or energy conservation projects in the state. Applicants can receive between $100,000 and $1 million. These loans have terms up to 15 years and an interest rate
The Ohio Air Quality Development Authority (OAQDA) administers the Clean Air Improvement Program. The program provides financing for pollution control projects, energy efficiency projects, and renewable energy projects through bond financing. The OAQDA is also authorized to approve tax exemptions up to 100% on tangible
Puerto Rico requires that state agencies and judicial entities must consider entering into energy savings performance contracts (ESPCs) as a first option when undertaking energy savings projects. The agency or judicial entity does not have to move forward with an ESPC if it is not
