Under the Reinvestment Payment Program, new industrial facilities including investment of at least $20,000,000 or equipment upgrades of any kind worth greater than $2,000,000 can apply for a reinvestment payment no later than 90 days after starting construction. If the Board of Economic Development approves
The Virginia Resources Authority provides financial assistance to local governments, agricultural entities, and some businesses for energy efficiency equipment, renewable energy upgrades, and energy conservation projects. There are several programs including the Virginia Pooled Financing Program, Resilient Virginia Revolving Fund, and Local Government Direct Loan
This program provides funding for energy efficiency measures and renewable energy systems for new and existing commercial and industrial properties. C-PACER financing is available for privately owned commercial or industrial properties in municipalities or boroughs that have enacted a C-PACER enabling resolution and ordinances. C-PACER
The Colorado Commercial Property Assessed Clean Energy (C-PACE) program allows owners of eligible commercial and industrial buildings to finance up to 100% of their renewable energy improvements. Eligible improvements include fuel cells, geothermal systems, solar thermal systems, and waste heat recovery, among others. Eligible properties
Delaware C-PACE offers low-interest loans to commercial, industrial, agricultural, nonprofit, and multifamily property owners for energy efficiency and renewable energy projects. Loan amounts can range between $30,000 and $2,000,000 per project. For a property owner to take advantage of this program, the county in which
This is a property tax exemption for property that is “actually and regularly used” to produce and generate electricity with certain renewable energy resources. For parties who apply for this exemption after December 31, 2016, the property tax exemption will only remain in effect for
Maryland offers low-interest or no interest loans for non-profits, local governments, institutions, schools, businesses, and state agencies seeking to identify and install energy conservation improvements which are then paid back through energy savings. Loans must be paid back within 13 years.
Aimed at assisting Minnesota public entities in boosting energy efficiency and renewable energy deployment, this program provides a wide array of technical, contractual, and financial assistance in pursuing Energy Savings Performance Contracting. ESPCs work with approved Energy Service Companies to use the money saved by
Montana law requires electric utilities to contribute the equivalent of 2.4% of annual revenue, obtained through a customer surcharge, to the Public Benefits Fund. The Public Benefits Fund supports low-income weatherization efforts and energy assistance, research and development programs geared toward energy conservation and renewable
The Commercial Property Assessed Clean Energy (C-PACE) Program is a financing structure that provides eligible property owners with access to long-term fixed-rate financing for a range of energy efficiency, renewable energy, water efficiency, and resiliency improvements. The program allows local governments to secure the financing
