The Alaska Housing Finance Corporation administers the Energy Efficiency Revolving Loan Fund Program which gives loans to state government entities, municipal governments, the University of Alaska, and schools for qualifying energy efficiency improvements. Savings from the project must exceed loan payments. Loan participants need to
Beginning in October 2014, “Class I renewable energy systems” used for commercial and/or industrial purposes are allowed a property tax exemption. To qualify for this exemption, an assessor or board of assessors must file an application before November 1st in the applicable assessment year. The
This loan program offers loans to farmers, ranchers, and aquaculturists for projects that reduce dependence on fossil fuels using renewable energy sources. There are a broad range of eligible renewable technologies. Loans are available for up to 85% of project costs or up to $1.5
Manufacturers in Kentucky can be refunded for up to 100% of sales or use tax for new or replacement equipment for renewable energy and energy efficiency projects. Projects must result in a decrease in energy usage by at least 15%.
The Maine Clean Energy and Sustainability Accelerator is a specialized finance program designed to drive private capital into market gaps for goods and services producing low or no greenhouse gas emissions. Qualifying projects include solar, wind, and geothermal projects, projects using fuel cells to store
Through this program, small businesses, institutions, and local governments in Minnesota can receive no-cost recommendations on how to increase energy and water efficiency and cut operating costs. The recommendations come from assessments conducted by retired, experienced professionals funded by the MCPA.
Under Montana property tax, properties that produce renewable energy and begin construction after June 1, 2007, are taxed between 1.5% and 12% of their market value depending on their class.
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
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
HB 2021 created a $50 million fund at the Oregon Department of Energy to provide grants for the development of community renewable energy projects. Eligible renewable energy systems include those that use biomass, solar, geothermal, or biogas to generate energy, as well as energy storage
