The New York Green Bank (NYGB) offers investment opportunities in four areas: Clean Energy Financing Arrangements, Financing Arrangements for High-Performance Affordable Housing, NY Green Bank Eligible Purchaser Pool, and the community Decarbonization Fund – Financing for Disadvantaged Community Lenders. A state-sponsored, specialized financial entity, it
The Alternative and Clean Energy Program provides grants, loan guarantees, and loans for the construction of alternative and clean energy projects. Private investment must match $1 for every $1 of program funds awarded. Eligible applicants include businesses, economic development organizations, individuals, and local governments. Alternative
Utah’s PACE program offers financing up to $90,000 for projects over terms of up to 30 years for renewable energy and energy efficiency projects. Savings generated from new energy investments must outweigh costs and yield a positive cash flow over time, allowing for repayment. To
The Washington Cap-and-Invest Program sets a cap on overall carbon emissions in the state and requires businesses to obtain allowances equal to their greenhouse gas emissions through quarterly auctions. Over time, the cap will be reduced in line with the state’s emissions reduction commitments. It
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
Utilities, independent renewable energy producers, and utility developers of renewable energy projects can apply to the Idaho Energy Resources Authority’s Clean Energy Project Bond Program for financing for a broad range of clean energy projects.
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,
This incentive program reimburses facilities in Minnesota producing advanced biofuels, defined as fuels produced from non-food, non-feed, sustainably-grown feedstocks and agricultural wastes. The biofuels must reduce greenhouse gas emissions at least 50% compared to fossil-based alternatives, among other requirements. Facilities must have expanded or begun
Under Montana property tax, properties that produce renewable energy and begin construction after June 1, 2007, are taxed between 1.5% and 12% of their market value depending on their class.
