The Maryland Clean Energy Capital Financing Program provides projects with access to lower-cost capital and an advantageous finance structure for projects that include renewable energy production and energy efficiency measures. House Bill 1337 of the Maryland General Assembly, which establishes the program, defines clean energy
The MinnPACE program offers financing for industrial, commercial, and residential property owners to install energy efficiency and emissions reduction projects, including those utilizing beneficial electrification technologies, geothermal, and solar heating. The program offers 100% financing for eligible projects, repaid at a fixed rate through a
The Maryland Renewable Energy Portfolio Standard Program requires electricity suppliers to source 50% of their retail electricity sales by 2030 from renewable energy sources, which have been classified as Tier 1 and Tier 2 renewable sources. Tier 1 includes solar, qualifying biomass, methane from a
Chapter 59, Section 5, Clause 45 of the Massachusetts General Laws provides an exemption from local property taxes for any solar or wind-powered system or device which is being used as a primary or auxiliary power system for the sole purpose of heating or otherwise
Chapter 63, Section 38H of the Massachusetts General Laws establishes a 100% excise tax deduction for commercial and industrial users who have made energy-efficient improvements with wind and solar thermal systems.
The Massachusetts Renewable Energy Trust Fund is aimed at promoting the increased availability, use, and affordability of renewable energy. Activities include funding research, design, and evaluation of pilots to promote energy innovation. Section 9 of Chapter 23J of Title 2 of the Massachusetts General Laws
The Massachusetts Clean Energy Center offers a rebate program for commercial, industrial, and residential users who install solar thermal systems.
Massachusetts Property Assessed Clean Energy funding helps commercial and industrial property owners finance energy improvements with financing terms of up to 20 years. Eligible energy improvements include measures that reduce energy consumption and renewable energy system installation. 2021 Program guidelines can be found here: https://www.massdevelopment.com/assets/what-we-offer/pace/FINAL_Guidelines07312021.pdf
The Massachusetts Clean Energy Center funds InnovateMass, a program that provides up to $250,000 in bridge funding and technical support to help early-stage companies achieve commercialization for new clean energy technologies and innovative combinations of existing technologies. To qualify, companies must have advanced and applied
Established in 2013 by the Massachusetts Clean Energy Center, IncubateMass provides funding to Massachusetts incubators to grow the clean energy innovation ecosystem and commercialize clean-tech startups. Grants are up to $175,000 per year and support building out infrastructure, equipment purchases, networking events, growing strategic clusters,
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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.
