Michigan has a set of energy efficiency goals for state buildings. All new state buildings and facilities as well as major renovations, must be carbon neutral by 2040. Also, all existing state buildings and facilities are required to reduce their energy use by 40% by
Montana law exempts capital investments in non-residential buildings that generate energy from non-fossil sources from property tax. Exemptions cannot exceed $100,000 and are exempt for ten years after installation. To claim the exemption, use Montana Department of Revenue Form AB-14.
In addition to the Garden State Commercial Property Assessed Clean Energy (C-PACE) Program, municipalities in the top 1/3 in terms of population can establish local C-PACE programs to finance projects fitting certain criteria for energy efficiency and renewable energy. Those within these jurisdictions may apply
This sales and use tax exemption applies to qualifying energy conversion facilities used in the commercial and industrial sectors and covers up to 100% of the taxpayer’s sales and use tax liability. This 100% tax exemption applies to waste-to-energy, including garbage to energy conversion, and
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
Tennessee allows local governments to establish a Commercial Property Assessed Clean Energy and Storm Resiliency (C-PACER) Program, under which they can allow properties in designated districts to access low-cost, long-term financing for qualified projects and repay them through a voluntary special assessment. The property assessed
This legislation establishes a Commercial Property Clean Energy and Resiliency (C-PACER) program that local governments in Washington may implement to allow agricultural, commercial, and industrial properties to borrow money to reduce energy use or generate renewable energy. Under the program, debt is taken on by
Arizona does not tax energy efficiency building components, renewable energy equipment, and combined heat and power systems as property. Arizona Revised Statute 42-11054, which details this exemption, specifies that renewable energy equipment includes equipment used to produce energy primarily for on-site consumption from renewable resources,
Property Assessed Clean Energy (PACE) enables property owners to finance improvements to their property. DC PACE allows property owners to access financing for qualifying energy efficiency and clean energy improvements on their buildings and repay the investment through a special tax assessment. This arrangement spreads
The Illinois Commercial Property Assessed Clean Energy (C-PACE) program allows owners of eligible commercial, nonprofit, non-residential agricultural, or industrial buildings to finance up to 100% of their renewable energy and other sustainability improvements. The program is available in participating municipalities who opt to enter into
