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
The Emerging Energy Technology Fund (EETF) provides grants for energy demonstration projects, testing of emerging energy technologies, and deployment of existing technologies that have previously not yet been demonstrated in Alaska. Eligible technologies include those that reduce negative environmental effects, such as renewable energy or
The Connecticut Green Bank is the nation’s first green bank. It works with private-sector investors to create low-cost and long-term financing for sustainable projects. More specifically, it looks to support clean energy infrastructure improvements, accelerate the commercialization of clean energy sources, and stimulate demand for
Innovation Fund Tax Credits, which will be available until June 30, 2028, are allowed against income, corporate, and franchise taxes. A tax credit shall be allowed against certain taxes for up to 25% of a taxpayer’s cash equity investment in a board certified innovation fund.
Massachusetts’ Alternative Energy Portfolio Standard (APS) was established to complement the RPS Program, providing requirements and incentives for alternative electricity technologies. It provides incentives for Massachusetts businesses, institutions, and governments for installing eligible alternative energy systems and requires a certain percentage of the state’s electric
Renaissance zones are designated areas with tax benefits for renewable energy facilities in their boundaries. Eligible entities within a renaissance zone can have their corporate income tax, state education tax, personal and real property taxes, or local income taxes abated. Entities can receive abatements on
Facilities in Mississippi that use biomass for heat and power cogeneration can claim a 5% investment tax credit for five years. To be eligible, facilities must employ 20 or more people and have received $50 million or more of capital investment.
Businesses and nonprofits can apply to the New Hampshire Business Finance Authority for loans to finance energy efficiency and alternative energy projects. Energy audit is required to receive loans. Loans can range from $100,000 to $1 million.
The FlexTech program shares the cost to produce an objective, site-specific, and targeted study on how best to implement clean energy and/or energy efficiency technologies. Commercial, industrial, and multifamily facilities that pay into the electric Systems Benefits Charge are eligible. In addition, colleges and universities
Local municipalities in Oregon are able to create special improvement districts where property owners can access PACE financing for renewable energy and energy efficiency projects. Municipalities can issue bonds or borrow money from the Oregon Department of Energy Energy Efficiency and Sustainable Technologies Loan Program
