Thermal Storage

Michigan PACE Financing

The Michigan Property Assessed Clean Energy (PACE) funding provides property owners with the opportunity to finance energy efficiency, water conservation, and renewable energy projects with no upfront costs. Eligible improvements must decrease energy or water use or generate electricity on-site. PACE funding is available in

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Energy Development and Demonstration Grant

The Montana Department of Environmental Quality provides grants for development and demonstration of energy storage systems using a wide range of renewable energy resources. The department gives individual grants up to $500,000. Eligible grant recipients include entities of the Montana university system, agricultural research centers,

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Energy Storage Procurement Target

The Nevada Public Utilities Commission found that it is in the public interest to adopt requirements for the procurement of energy storage by utilities. They set a target wherein 400 MW of energy storage (including thermal) must be deployed by December 31, 2024, 600 MW

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Energy Loan Fund

The Ohio Energy Loan Fund (ELF) helps eligible applicants receive low-interest financing to install energy efficiency measures that reduce energy use by at least 15%. Low-interest loans are available and range from $250,000 to $2.5 million. Loan terms are a maximum of 15 years. Eligible

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State Energy Program

The Puerto Rico Energy Program of the Department of Economic Development and Commerce provides funding for energy efficiency and renewable energy projects, energy audits for municipalities, and guidance on public energy policy compliance through the State Energy Program.

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Energy Efficiency Goals and Requirements for Public Entities

Texas has a set of energy efficiency goals and requirements for different state entities. political subdivisions, higher education institutions, and state agencies are required to decrease electricity use by 5% annually for 7 years from the 2019 baseline and implement all energy efficiency measures that

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PACE Wisconsin

PACE Wisconsin allows municipalities to work with private sector lenders to provide up to 100% of the up-front cost to property owners for qualified energy efficiency and renewable energy measures. Loans are repaid through a property tax assessment using resulting energy savings over a period

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Cap-and-Trade Program

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

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Florida PACE

The Florida Commercial Property Assessed Clean Energy (C-PACE) program allows owners of eligible commercial and industrial buildings to finance up to 100% of their renewable energy and other sustainability improvements. A wide range of renewable energy technology projects are eligible. This financing is only available

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