The Massachusetts Clean Energy Center funds Innovate Mass, a program that provides up to $350,000 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
Michigan offers a tax exemption up to 100% for commercial alternative energy systems, personal property of an alternative energy technology firm, or personal property used by a business for the purpose of alternative energy research, development, or manufacturing.
Montana law requires electric utilities to contribute the equivalent of 2.4% of annual revenue, obtained through a customer surcharge, to the Public Benefits Fund. The Public Benefits Fund supports low-income weatherization efforts and energy assistance, research and development programs geared toward energy conservation and renewable
The Renewable Energy Tax Abatement came under the jurisdiction of the Governor’s Office of Energy’s jurisdiction in July 2009. It allows for partial sales, use, and property tax abatements for eligible renewable facilities. To qualify, facilities must submit an abatement application to the Office of
The Ohio Air Quality Development Authority (OAQDA) administers the Clean Air Improvement Program. The program provides financing for pollution control projects, energy efficiency projects, and renewable energy projects through bond financing. The OAQDA is also authorized to approve tax exemptions up to 100% on tangible
The Rhode Island Efficient Buildings Fund (RIEBF) is a revolving loan fund that provides low-interest rate loans to governmental entities for new equipment used in energy efficiency projects, as well as for storage equipment installed in combination with renewable electricity generation. Borrowers must report energy
Local governments in Virginia are authorized to offer PACE financing for renewable energy, energy efficiency, and water efficiency projects at commercial properties. Property owners and developers receive long-term,100% financing from qualified capital providers,
The Green Colorado Credit Reserve (GCCR) is a loan loss reserve created by the Colorado Energy Office to incentivize private lenders to make commercial loans up to $100,000 for capital improvements promoting renewable energy. For each loan made by a participating lender, the GCCR provides
The Green Energy Money $aver (GEM$) On-Bill Program is an innovative financing program offered by the Hawaii Green Infrastructure Authority for nonprofits, small businesses, and commercial tenants to make eligible energy improvements. These improvements include thermal storage pumps, water heating, solar PV systems, and other
Massachusetts Clean Energy Center administers the IncubateMass program to provide 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, and
