Puerto Rico offers a property tax exemption up to 100% for renewable energy systems and related equipment. Eligible renewable energy systems include solar thermal systems, biomass systems, geothermal systems, and a wide range of other technologies.
Texas provides an exemption from franchise tax for manufacturing companies who primarily produce, sell, or install solar or wind energy devices. Storage and thermal systems are included under this policy. This exemption is not capped.
The Clean Energy Development Fund provides funding for renewable energy and energy efficiency measures. Eligible recipients include agricultural entities, businesses, non-profits, institutions, and industrial entities. There is a wide range of qualifying renewable energy technologies.
California restricts the amount that local governments can charge for solar permits. Commercial solar thermal system permit costs are capped at $1,000 for systems up to 30 kWth, allowing for an additional $7 for every kW between 30 kWth and 260 kWth, and allowing for
The DC Green Bank is a quasi-government institution helping to use innovative financing mechanisms to lower barriers to renewable energy deployment. It offers several products for residential, commercial, and industrial customers, including the Commercial Loan for Energy Efficiency and Renewables (CLEER) and the Community Impact
The construction or installation of a solar energy system on property classified as commercial, agricultural, residential, or industrial will not increase the taxable values of the property for five assessment years. This legislation defines solar energy to include solar thermal and separate storage apparatuses such
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
Maryland offers low-interest or no interest loans for non-profits, local governments, institutions, schools, businesses, and state agencies seeking to identify and install energy conservation improvements which are then paid back through energy savings. Loans must be paid back within 13 years.
Minnesota law entirely exempts any system utilizing solar energy, including to heat water, buildings, or drive industrial processes, from sales tax. Minnesota Department of Revenue Form ST3 “Certificate of Exemption” can be used to claim the exemption.
The Montana Energy Office operates a revolving fund to provide low-interest loans to local governments, non-profits, and businesses under 100 employees for renewable energy and efficiency projects. The program offers loans up to $40,000 with no down payment at an interest rate of 3.5% on
