This law applies to community-based energy development projects using solar energy, landfill gas, or biomass which Nebraska residents own. Nebraska companies made up of Nebraska residents and Nebraska-based nonprofits are exempt from sales and use taxes related to the energy project.
The Nebraska Department of Environment and Energy offers businesses low-interest financing for renewable energy and energy efficiency projects for buildings. Electrification projects can receive loans on terms of up to 10 years, and solar thermal and geothermal projects qualify for loans of up to 15-year
Nevada created an “Account for Renewable Energy, Energy Efficiency, and Energy Conservation” using funds from the 2009 American Recovery and Reinvestment Act. The funds in this Account are to be used for loans at an interest rate of no more than 3% for the construction
The State of Nevada allows municipalities to create districts to finance certain energy efficiency and/or renewable energy projects. Under NRS 271.6312, it is specified that improvements must be made to industrial or commercial property. Qualified improvement projects can be financed through assessments on the real
The Nevada Clean Energy Fund seeks to increase the pace and amount of financing available for qualified clean energy projects in the state. It is functionally a Green Bank, as it seeks to help deploy renewables such as solar and geothermal using a variety of
The Nevada State Infrastructure Bank is available to provide qualified borrowers with loans and other financial assistance towards the development, construction, and maintenance of various facilities (most relevantly, renewable energy infrastructure). These financing agreements include loan agreements, trust indentures, reimbursement agreements, bonds, and notes. Qualified
The Renewable Energy Tax Abatement came under the jurisdiction of the Governor’s Office of Energy’s jurisdiction in July 2009. It allows for partial sales, use, and property tax abatements for eligible renewable facilities. To qualify, facilities must submit an abatement application to the Office of
This is a rebate program for commercial and industrial parties to install solar thermal systems (or solar electric systems). The maximum incentive is 25% of the total project cost or $10,000, whichever is less. For solar thermal systems, the incentive is $0.12/kBtu/year for new solar
In the State of New Jersey, all solar energy equipment is exempt from the state’s sales tax. The exemption applies to devices approved by the Board of Public Utilities that are designed to provide heating or cooling by converting solar energy into some other usable
The New Jersey Economic Development Authority established a “Garden State C-PACE program” to facilitate the financing of Commercial-Property Assessed Clean Energy (C-PACE) projects in municipalities that opt-in. While PACE financing usually entails voluntary assessments on property, the Authority can also establish a loan loss reserve
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The Renewable Thermal Collaborative (RTC) is the global coalition for companies, institutions, and governments committed to scaling up renewable heating and cooling at their facilities, dramatically cutting carbon emissions.
