The NH Renewable Portfolio Standard has a carve-out for eligible renewable resources that must be used to meet a set percentage of retail electricity sales to end-user customers. The PRS requires electricity providers, except municipal utilities, to acquire renewable energy certificates equivalent to 25.2% of
The State of Nevada allows municipalities to create districts to finance certain energy efficiency and/or renewable energy projects. Improvements must be made to industrial or commercial property. Qualified improvement projects can be financed through assessments on the real property that secure financing obtained from a
New York offers a property tax exemption for energy conservation improvements including solar thermal, biomethane, and thermal storage systems. Tax exemptions last for a period of 15 years. To qualify, systems must be constructed before January 1, 2030. Any qualifying system owned or controlled by
Pennsylvania’s Commercial Property Assessed Clean Energy Program (C-PACE) launched in 2018 and supports business property owners in getting low-interest, long-term loans for clean energy projects, repaid through a property tax. Commercial, industrial, and agricultural properties can qualify for C-PACE financing. Pennsylvania’s C-PACE emphasizes smart buildings,
Under the Reinvestment Payment Program, new industrial facilities including investment of at least $20,000,000 or equipment upgrades of any kind worth greater than $2,000,000 can apply for a reinvestment payment no later than 90 days after starting construction. If the Board of Economic Development approves
The Virginia Resources Authority provides financial assistance to local governments, agricultural entities, and some businesses for energy efficiency equipment, renewable energy upgrades, and energy conservation projects. There are several programs including the Virginia Pooled Financing Program, Resilient Virginia Revolving Fund, and Local Government Direct Loan
The California Air Resources Board (CARB) has a multi-sectoral cap-and-trade system that requires businesses to purchase allowances equivalent to their emissions, incentivizing mitigation and the uptake of renewable thermal solutions. The program is designed to contribute to the state’s goals to reduce greenhouse gas emissions
Energy generation systems in the District of Columbia that rely solely on solar energy are 100% exempt from property tax, as long as the Chief Financial Officer of the company owning the property transfers $120,000 to the Renewable Energy Development Fund established by the District.
The HI C-PACER Program is a state-sponsored program that helps building owners, and property developers access privatesector financing for the installation of energy efficiency, water conservation, renewable energy, resilience and other qualifying improvements. HI C-PACER is economically attractive because it can provide up to 100
Manufacturers in Kentucky can be refunded for up to 100% of sales or use tax for new or replacement equipment for renewable energy and energy efficiency projects. Projects must result in a decrease in energy usage by at least 15%.
