The Puerto Rico Energy Program of the Department of Economic Development and Commerce provides funding for energy efficiency and renewable energy projects, energy audits for municipalities, and guidance on public energy policy compliance through the State Energy Program.
Utah’s PACE program offers financing up to $90,000 for projects over terms of up to 30 years for renewable energy and energy efficiency projects. Savings generated from new energy investments must outweigh costs and yield a positive cash flow over time, allowing for repayment. To
The Public Service Commission of West Virginia requires electric utilities to meet alternative and renewable energy portfolio standards, and allows them to do so by purchasing additional credits. The standards require electric utilities to own credits equivalent to at least 10% of the electricity they
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
Georgia allows local governments to create special improvement districts in which to administer PACE financing. PACE financing allows property owners to borrow money for energy efficiency, renewable energy, water conservation, and water efficiency projects, which is repaid through a special property assessment overtime. This financing
State agencies can apply to the Kentucky Green Bank for revolving loans for energy conservation projects. They offer SELF revolving loans for projects costing between $50,000 and $225,000 that forecast a 20% energy reduction. They offer hybrid revolving loans for projects costing between $50,000 and
The Maine Commercial Property Assessed Clean Energy (C-PACE) program allows owners of eligible commercial and industrial buildings to finance up to 100% of their renewable energy and other sustainability improvements. Qualifying properties must be real commercial properties that do not have residential mortgages, are not
Minnesota’s Comprehensive Energy Savings Plan for State Facilities requires projects to exceed the January 2004 state energy code by 30%. In addition, project managers must have 2% of a building’s total energy use come from wind or solar power. If this is not achievable, the
The Clean Sustainable Energy Authority provides grants, loans, and other financial assistance to firms to support research, development, and commercialization of technologies that reduce environmental impacts and increase the sustainability of energy production. Applications are evaluated based on technical feasibility, economic viability, and the recommendation
Nebraska PACE offers financing for energy improvement projects to property owners. The amount is repaid through a special assessment on the property over a period of years. Local governments can authorize special financing districts for energy efficiency and renewable energy projects. This program is only
