The State of Nevada allows municipalities to create districts to finance certain energy efficiency and/or renewable energy projects. Under NRS 271.6312, it is specified that improvements must be made to industrial or commercial property. Qualified improvement projects can be financed through assessments on the real
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
This is a program offering a rebate payment equivalent to 40% of heating and installation costs for certain biomass pellet heating systems, up to a maximum of $65,000. To receive rebates, systems must have begun operation after July 9, 2015, and produce 2.5 million BTU
The Public Utilities Commission approved an investigation into ways to enable energy storage projects to receive compensation for avoided transmission and distribution costs, while also participating in wholesale energy markets. The Commission will consider public policy’s role in establishing accurate price signals, costs and benefits,
In the State of New Jersey, all solar energy equipment is exempt from the state’s sales tax. The exemption applies to devices approved by the Board of Public Utilities that are designed to provide heating or cooling by converting solar energy into some other usable
The New Jersey Economic Development Authority established a “Garden State C-PACE program” to facilitate the financing of Commercial-Property Assessed Clean Energy (C-PACE) projects in municipalities that opt-in. While PACE financing usually entails voluntary assessments on property, the Authority can also establish a loan loss reserve
In addition to the Garden State Commercial Property Assessed Clean Energy (C-PACE) Program, municipalities in the top third of New Jersey municipalities in terms of population can establish local C-PACE programs to finance projects fitting certain criteria for energy efficiency and renewable energy. Those within
This is an income tax credit given to an individual who purchases and installs a solar thermal or photovoltaic system in a residence, business, or agricultural enterprise in New Mexico. This income tax credit may not exceed $6,000 per taxpayer per taxable year. There is
Missouri Property Assessed Clean Energy Program (PACE) financing helps property owners in the state make investments in energy efficiency and renewable energy of all kinds. To repay the loan, property owners make fixed-rate payments as part of their annual property tax bill on terms up
The Montana Energy Office operates a revolving fund to provide low-interest loans to local governments, non-profits, and businesses under 100 employees for renewable energy and efficiency projects. The program offers loans up to $40,000 at an interest rate of 3% on terms of up to
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The Renewable Thermal Collaborative (RTC) is the global coalition for companies, institutions, and governments committed to scaling up renewable heating and cooling at their facilities, dramatically cutting carbon emissions.
