Businesses, individuals, partnerships, limited liability companies, non-profits, and municipalities undertaking renewable energy or energy efficiency projects are eligible to receive funding through the Vermont Economic Development Authority’s Commercial Energy Loan Program. Loans are available up to $6 million with the variable rate option and $500,000
Wyoming allows municipalities to create Energy Improvements Areas in which to offer PACE financing. Property owners in these areas can receive loans for energy efficiency or renewable energy projects. Loans are repaid through special property assessment over a period of years.
The Colorado Clean Energy Fund is a specialized, nonprofit intermediary developed as a collaboration between the Colorado Energy Office, the Department of Energy, and the Coalition for Green Capital. The Fund deploys investment capital to connect individuals and organizations undertaking clean energy projects with traditional
Florida offers a sales and use tax exemption for machinery and equipment used in the production of steam energy resulting from burning green hydrogen and other renewable fuels. The exemption further extends to the purchase of machinery and equipment primarily used in the production, storage,
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
Maine’s Renewable Portfolio Standard (RPS), updated by LD1494 in 2019, requires that 80% of electricity sold in the state be supplied by renewable energy sources by 2030. The legislation also established a new renewable thermal portfolio standard to incentivize efficient heating and cooling installations, requiring
The Minnesota Department of Agriculture offers loans for methane digester systems. Loan participation or direct no-interest loans are available up to $250,000. This loan cannot be used as a match for federal financing. Loans have a maximum term of 10 years.
North Dakota offers a sales and use tax exemption up to 100% for materials used to build or expand gas processing facilities, including construction material, equipment, or tangible property used to build or expand gas compression, processing, or gathering facilities. Equipment purchased for emission reduction,
The Nevada State Infrastructure Bank is available to provide qualified borrowers with loans and other financial assistance towards the development, construction, and maintenance of various facilities including renewable energy infrastructure. These financing agreements include loan agreements, trust indentures, reimbursement agreements, bonds, and notes. Qualified borrowers
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
