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
Georgia allows local governments to create special improvement districts in which to administer PACE financing. PACE financing allows property owners to borrow money for energy efficiency, renewable energy, water conservation, and water efficiency projects, which is repaid through a special property assessment overtime. This financing
Massachusetts Property Assessed Clean Energy (PACE) funding helps commercial and industrial property owners finance energy improvements with financing terms of up to 20 years. Eligible energy improvements include measures that reduce energy consumption and renewable energy system installation. PACE funding is offered in participating municipalities.
Taxpayers qualified as an alternative energy entity may claim a tax credit in Michigan under the Michigan Next Energy Authority Act. Qualifying business activities include research, development, or manufacturing of an alternative energy system or renewable fuel, including biomass, biodiesel, and landfill gas. This credit
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
Local governments in New Hampshire can offer local property tax exemptions for renewable generation facilities and energy storage systems. The exemption amount is determined by the assessed value of the system.
The Nevada Renewable Portfolio Standard requires electric providers in Nevada to increase the amount of sales that are derived from qualifying renewable energy sources incrementally up to 2030, when 50% of all sales are required to come from these renewable resources. Eligible renewable energy sources
The Department of Energy must develop and maintain an inventory of biogas and renewable natural gas (RNG) resources available to the state. This inventory can include potential sources and their estimated production quantities, estimates of the range of technologies available to the state, and a
Tennessee allows local governments to establish a Commercial Property Assessed Clean Energy and Storm Resiliency (C-PACER) Program, under which they can allow properties in designated districts to access low-cost, long-term financing for qualified projects and repay them through a voluntary special assessment. The property assessed
Hog fuel, which includes wood waste and residuals, but not wood pellets or firewood, is exempt from sales tax in Washington if the fuel is used to produce steam, heat, biofuels, or power. To claim the exemption, the hog fuel seller must have their buyer
