Thermal Storage

Environmental Assistance Loans

MCPA partners with private financial institutions to provide low-interest or no interest financing to businesses and political subdivisions of the state to fund the capital costs of environmental projects, including those reducing pollution. While many businesses and projects are eligible for loans, the MPCA prioritizes

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Clean Sustainable Energy Authority

The Clean Sustainable Energy Authority provides grants, loans, and other financial assistance to firms to support research, development, and commercialization of technologies that reduce environmental impacts and increase the sustainability of energy production. Applications are evaluated based on technical feasibility, economic viability, and the recommendation

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Revolving Loan Program for Renewable Energy

The Nevada Governor’s Office of Energy offers low-cost loans for entities looking to undertake energy efficiency, renewable energy, or energy conservation projects in the state. Applicants can receive between $100,000 and $1 million. These loans have terms up to 15 years and an interest rate

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Local Option: C-PACE Financing

Oklahoma has a Commercial Property Assessed Clean Energy (C-PACE) program which can finance up to 100% of the costs of eligible projects with an extended amortization period such that projects can be cash flow positive from day one. Eligible properties include commercial, industrial, and agricultural

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Sales and Use Tax Exemption for Renewable Energy Products

Rhode Island offers sales and use tax exemption up to 100% for geothermal, DC-to-AC inverters interconnected with utility power lines, and solar thermal, including thermal storage systems connected to solar thermal systems and mounting racks and ballast pans for collectors.

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Commercial Solar Property Tax Exemption

Commercial, industrial, institutional, agricultural, or public property used in Virginia as part of a solar thermal system may be partially or wholly exempt from property tax. Property associated with systems producing 5 MW or less is wholly exempt, as are systems up to 20 MW

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Renewable Energy Fund

This competitive grant fund, administered by the Alaska Energy Authority, distributes grants to projects which generate energy from renewable resources. Eligible applicants include an electric utility holding a certificate of public convenience and necessity under AS 42.05, an independent power producer, a local government, or

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