Energy efficiency building standards apply to new construction and major renovation projects of state owned or state leased buildings. Buildings must exceed the International Energy Conservation Code by at least 20%, where cost-effective. The Montana Department of Labor, Montana university system, and other state agencies
The New Jersey Renewable Portfolio Standard requires electric utilities to derive 50% of energy sales from Class I renewables and 2.5% from Class II renewables by 2030. Eligible Class I renewable energy sources include geothermal, landfill gas, solar, anaerobic digestion, and certain forms of sustainable
Municipalities are allowed to exempt green buildings from property taxes. Properties must have commenced construction after January 1, 2013, have a value more than $10,000, and must meet certification standards for LEED, Green Globes, or an equivalent green building certification program. The exemption amount is
Puerto Rico offers tax credits and incentives to local and foreign companies that produce renewable energy for consumption in the territory or manufacture equipment to generate renewable energy. Eligible companies can have a fixed income tax rate as low as 4% for 15 years, obtain
County, city, or town governments in Virginia may set property tax rates for equipment, machinery, and tools used in generating renewable energy at levels lower than the statewide rates for such property.
Manufacturers who produce wood biomass and produce marketable coproducts from biogas are eligible to file income tax under a unique Wood Biomass Fuel B&O tax classification. The tax rate for this classification is .138%. This classification will be available until January 1, 2029.
This $1 billion fund is dedicated to jumpstarting critical climate solutions and bridging financing gaps to scale advanced technologies. It is open to public and private sector applicants and seeks to use a range of instruments to help finance innovative climate solutions around three topics:
Property Assessed Clean Energy (PACE) enables property owners to finance improvements to their property. DC PACE allows property owners to access financing for qualifying energy efficiency and clean energy improvements on their buildings and repay the investment through a special tax assessment. This arrangement spreads
The Illinois Clean Energy Innovation Fund is a revolving investment fund seeded by a grant from the state of Illinois and the U.S. Department of Energy. It is now managed by Evergreen Climate Innovations, a non-profit investment fund. This fund makes direct investments in high-potential,
Maryland allows local governments to establish PACE programs, where property owners can borrow money to pay for energy improvements and pay it back through a special property assessment over time. Maryland also developed a statewide PACE program. PACE programs can finance a broad range of
