The program offers low-interest loans for state, public school, college, university, and non-profit hospital facilities for retrofit projects that reduce energy consumption, peak energy demand, or utility costs, including through implementation of renewable thermal energy. The borrowed amount is repaid overtime with energy cost savings.
Washington established a statewide Renewable Fuels Office to promote RDD&D of renewable fuel technologies and facilitate the establishment of a Clean Hydrogen Hub in the state. The state also tasked the office with studying hydrogen incentive structures, standards, and future regulation, supporting the equitable implementation
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
The Energy Infrastructure Revolving Loan Fund offers financing for agriculture, utilities, and businesses for energy infrastructure projects, including projects related to thermal storage, biomass, biogas, biomethane, and landfill gas. Applicants can receive up to $2.5 million or up to 75% of project costs. Eligible borrowers
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.
Facilities in Mississippi using biomass or solar energy and receiving more than $100 million of capital investment can apply to their County Board of Supervisors to be exempted from up to 50% of their property tax. This exemption opportunity is set to expire on July
The Clean Energy Fund, administered by the Community Development Finance Authority, provides loans for renewable energy, energy efficiency, and clean technology projects. Eligible applicants include businesses, non-profits, and municipalities. To receive financing, projects must result in at least a 15% increase in energy savings. Loans
The Commercial & Industrial Carbon Challenge gives non-residential energy users resources to access cost-effective decarbonization opportunities. Winners work one-on-one with NYSERDA to pursue projects. Awards can be used to fund a single large project or a portfolio of projects. All proposals must include beneficial electrification,
