Florida offers a property tax abatement for renewable energy property, which is defined in Title XIV, Chapter 193.624 of the 2022 Florida Statutes as equipment that collects, transmits, stores, or uses solar energy, wind energy, or energy derived from geothermal deposits. In determining the assessed
State agencies can apply to the Kentucky Green Bank for revolving loans for energy conservation projects. They offer SELF revolving loans for projects costing between $50,000 and $225,000 that forecast a 20% energy reduction. They offer hybrid revolving loans for projects costing between $50,000 and
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
The Minnesota Pollution Control Agency offers zero-interest loans to Minnesota small businesses to help comply with or exceed environmental regulations, including those regulating emissions of greenhouse gases and other pollutants. Recipients must employ less than 100 employees and report less than $500,000 in yearly after-tax
The North Dakota Industrial Commission’s Renewable Energy Development Program allows any person, corporation, partnership, cooperative, or association to apply for funds for projects which propose education, research, development, or marketing of renewable energy resources, materials, or advanced energy technologies. $3,000,000 of funding is available each
Nevada created an “Account for Renewable Energy, Energy Efficiency, and Energy Conservation” using funds from the 2009 American Recovery and Reinvestment Act. The funds in this Account are to be used for loans at an interest rate of no more than 3% for the construction
Municipalities are allowed to exempt green buildings from property taxes. Properties must have commenced construction after January 1, 2013, have a value more than $10,000, and must meet certification standards for LEED, Green Globes, or an equivalent green building certification program. The exemption amount is
The Puerto Rico Green Energy Trust, created by the Puerto Rican Government, provides funding for research, development, and infrastructure projects related to renewable and clean energy. A wide range of renewable energy projects are eligible to receive support.
All public K-12 schools, special school districts, achievement school districts, and charter schools in Tennessee are eligible to apply for loans to finance qualifying capital outlay energy efficiency projects. Loans can finance construction, repair, or rehabilitation efforts. Low-interest loans up to $5 million are available
Vermont’s Renewable Energy Standard requires all retail electricity suppliers to source a certain percentage of their annual electricity sales from renewable resources. The requirement has been increasing 4% annually since the initial 2017 benchmark, which was 55%. The RPS will ultimately require 75% of electricity
