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,
Connecticut allows municipalities to offer a property tax exemption lasting up to 15 years for qualifying cogeneration systems installed on or after July 1, 2007. Municipalities can also adopt exemptions for commercial or industrial Class I renewable resources including hydropower facilities, solar thermal, or geothermal
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
The Maryland Energy Administration offers a non-competitive grant program to consider proposals that fall outside the range of its other energy programs. Eligible applicants include businesses, nonprofits, local governments, state governments, and educational institutions. The program budget varies annually. Awards are typically up to $250,000,
MCPA partners with private financial institutions to provide low-interest or no interest financing to businesses and political subdivisions of the state to fund the capital costs of environmental projects, including those reducing pollution. While many businesses and projects are eligible for loans, the MPCA prioritizes
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
The State of Nevada allows municipalities to create districts to finance certain energy efficiency and/or renewable energy projects. Improvements must be made to industrial or commercial property. Qualified improvement projects can be financed through assessments on the real property that secure financing obtained from a
Oregon offers a tax exemption up to 100% for renewable energy systems including systems using solar, geothermal, landfill gas, and biomethane energy. Any change in real market value resulting from the installation of any of these renewable energy systems is exempt from the property’s assessed
In Rhode Island, all public building construction (including schools) and public building renovation projects involving 40% or more of the building must achieve certain energy efficiency and green building standards. This requirement applies to structures of 10,000 sq. ft. or more.
Vermont’s Renewable Energy Standard requires all retail electricity suppliers to source a certain percentage of their annual electricity sales from renewable resources. The requirement has been increasing 4% annually since the initial 2017 benchmark, which was 55%. The RPS will ultimately require 75% of electricity
