The Arkansas PACE Program allows counties and cities to establish property assessed clean energy districts. In these districts, property owners can borrow money to finance energy improvements and pay the borrowed money back, typically through property taxes, with a special property assessment.
Arkansas allows municipalities and counties to issue energy efficiency project bonds. Eligible uses include projects that reduce energy consumption or operational costs or projects to install energy efficiency systems. Bonds can be issued for a maximum of 20 years. These bonds and their income are
The Arkansas Department of Environmental Quality offers interest free loans for renovations of $250,000 or more. Eligible applicants include facility-owning state agencies, boards, and commissions, to include institutions of higher learning. Eligible projects include but are not limited to building weatherization, HVAC and lighting replacements
