The Alaska Housing Finance Corporation administers the Energy Efficiency Revolving Loan Fund Program which gives loans to state government entities, municipal governments, the University of Alaska, and schools for qualifying energy efficiency improvements. Savings from the project must exceed loan payments. Loan participants need to
The Connecticut Renewable Portfolio Standard (RPS) is a state policy that requires electric providers to offset a specified percentage or amount of the energy they generate or sell by purchasing renewable energy credits (RECs) from renewable sources. This policy creates a financial incentive for development
Iowa offers an exemption from the replacement generation tax for certain entities. Included in the exemption is all energy generated by methane gas conversion property if used connection or conjunction with a publicly-owned sanitary landfill or used to collect waste that would otherwise be collected
Massachusetts has a Renewable Portfolio standard that requires utilities to produce 40% of sales by 2030 from Class I renewable sources, and another 1% annually thereafter. Class I sources include solar thermal electric, landfill gas, low-emission advanced biomass power conversion technologies, biogas, and geothermal energy.
Michigan offers a tax exemption up to 100% for commercial alternative energy systems, personal property of an alternative energy technology firm, or personal property used by a business for the purpose of alternative energy research, development, or manufacturing.
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
Investor-owned utilities and rural distribution cooperatives must source 40% of total retail sales from renewable energy resources by 2025 and 50% by 2030. This standard increases to 80% by 2040 for investor-owned utilities, then to 100% of retail sales to be generated by zero-carbon resources
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
Executive Order 23-06 requires state agencies to undertake certain energy efficiency measures. These include reducing emissions resulting from burning of onsite fossil fuels at buildings and in vehicles from a 2014 baseline 95% by 2050, with incremental goals leading up to 2050. State-owned buildings are
The Vermont Economic Development Authority provides loans under this program for a variety of projects, including renewable energy and energy efficiency projects. Loans can be made at fixed rates on terms of up to 10 years in amounts of up to $1,000,000, not exceeding 50%
