Solar Thermal

Alternative and Clean Energy Program (ACE)

The Alternative and Clean Energy Program provides grants, loan guarantees, and loans for the construction of alternative and clean energy projects. Private investment must match $1 for every $1 of program funds awarded. Eligible applicants include businesses, economic development organizations, individuals, and local governments. Alternative

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Solar Energy, Small Hydropower, and Geothermal Tax Credit

Taxpayers in South Carolina who purchase and install a solar thermal or geothermal energy system are eligible for a tax credit up to 25% of purchase and installation costs against income tax liability. The credit cannot exceed $3,500 or 50% of the taxpayer’s liability. Unused

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Local Green Banks

Virginia localities may establish local green banks to promote any clean energy technology. Banks may be set up as public entities, quasi-public entities, depository banks, or nonprofit entities. Localities must offer to include private lenders in green banks.

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Energy Conservation Assistance Act – Low-Interest Loans

This is one of two programs under the California Energy Conservation Assistance Act. Under this Act, the California Energy Commission provides cities, counties, special districts, public universities, public hospitals, and California Native American Tribes with 1%-interest loans capped at $3 million to finance energy efficiency

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Alternative Energy Loan Program

This loan program offers loans to farmers, ranchers, and aquaculturists for projects that reduce dependence on fossil fuels using renewable energy sources. There are a broad range of eligible renewable technologies. Loans are available for up to 85% of project costs or up to $1.5

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Kentucky PACE Financing

Kentucky allows local governments to establish PACE financing programs in their jurisdictions. They can also finance the program through bond issuance or partnership with a third party. Governments may also hire third parties for program administration purposes. All PACE programs have to review the property’s

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Energy Conservation in State Buildings

Maryland state-owned buildings are required to decrease emissions by 20% from 2018 levels by 2031. Also, the High Performance Green Building Program requires new buildings and major renovations align with Maryland’s goal to achieve net zero GHG emissions by 2045. This rule applies to buildings

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Nonrefundable Business Activity Tax Credit and Payroll Credit

Michigan offers a tax credit for businesses involved in alternative energy research, development, and manufacturing. Eligible business activity to claim credit for must be approved by the Michigan Next Energy Authority. In 2019, Michigan repealed this program and set it to expire for January 1,

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