New Jersey offers a property tax exemption for renewable energy systems that meet on-site electricity and HVAC needs for businesses. Eligible renewable energy systems can use geothermal, solar thermal, biomass, landfill gas, and other energy types.
PACE financing programs use authority given to a municipality to offer financing for property owners to fund energy efficiency and renewable energy projects on existing commercial structures. The property owner voluntary agrees to repay the financing through a special assessment. PACE provides financing for these
Pennsylvania’s Commercial Property Assessed Clean Energy Program (C-PACE) launched in 2018 and supports business property owners in getting low-interest, long-term loans for clean energy projects, repaid through a property tax. Commercial, industrial, and agricultural properties can qualify for C-PACE financing. Pennsylvania’s C-PACE emphasizes smart buildings,
Local governments in Virginia are authorized to offer PACE financing for renewable energy, energy efficiency, and water efficiency projects at commercial properties. Property owners and developers receive long-term,100% financing from qualified capital providers,
Washington offers sales tax exemptions for a range of renewable energy products under the Renewable Energy/Green Incentives section of the Department of Revenue’s website. Eligible renewable energy technologies include biomass, green hydrogen, biogas, and landfill gas systems. Each clause has unique requirements and sunset dates.
Section 41-1514.02 of the Arizona Revised Statutes sets up an environmental technology assistance program under the state Arizona Commerce Authority to support the production of renewable energy products and expansion efforts. Environmental technology manufacturers, producers or processors that make capital investments in qualified facilities in
Connecticut allows municipalities to exempt parties undertaking Class 1 renewable energy projects from paying building permit fees. Class 1 renewable resources include solar, wind, biomass, and others. The list of eligible parties who can claim this exemption is broad, including but not limited to local
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 Renewable Energy Portfolio Standard Program requires electricity suppliers to source 50% of their retail electricity sales by 2030 from renewable energy sources. Of this 50% of retail electricity sales, a minimum of 35.5% must come from Tier I resources, a minimum of 14.5%
This incentive program reimburses facilities in Minnesota producing heat or electricity from combustion, gasification, or anaerobic digestion using cellulosic biomass feedstocks. To qualify, facilities must have begun energy production before June 30, 2025, produce 250 million MMBtu every quarter, and source biomass from sustainable agriculture,
