The Connecticut Green Bank is the nation’s first green bank. It works with private-sector investors to create low-cost and long-term financing for sustainable projects. More specifically, it looks to support clean energy infrastructure improvements, accelerate the commercialization of clean energy sources, and stimulate demand for
The Massachusetts Clean Energy Center funds Innovate Mass, a program that provides up to $350,000 in bridge funding and technical support to help early-stage companies achieve commercialization for new clean energy technologies and innovative combinations of existing technologies. To qualify, companies must have advanced and
MCPA partners with private financial institutions to provide low-interest or no interest financing to businesses and political subdivisions of the state to fund the capital costs of environmental projects, including those reducing pollution. While many businesses and projects are eligible for loans, the MPCA prioritizes
Under North Carolina’s Program to Finance Energy Improvement, local governments can create a revolving loan program to finance the purchase and installation of renewable energy projects affixed to residential, commercial, or other real property. The charged interest rate on loans may not exceed 8% per
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
Pennsylvania’s Commercial Property Assessed Clean Energy Program (C-PACE) launched in 2018 and supports business property owners in getting low-interest, long-term loans for clean energy projects, repaid through a property tax. Commercial, industrial, and agricultural properties can qualify for C-PACE financing. Pennsylvania’s C-PACE emphasizes smart buildings,
Utah’s PACE program offers financing up to $90,000 for projects over terms of up to 30 years for renewable energy and energy efficiency projects. Savings generated from new energy investments must outweigh costs and yield a positive cash flow over time, allowing for repayment. To
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
Property Assessed Clean Energy (PACE) enables property owners to finance improvements to their property. DC PACE allows property owners to access financing for qualifying energy efficiency and clean energy improvements on their buildings and repay the investment through a special tax assessment. This arrangement spreads
Massachusetts Clean Energy Center administers the IncubateMass program to provide funding to Massachusetts incubators to grow the clean energy innovation ecosystem and commercialize clean-tech startups. Grants are up to $175,000 per year and support building out infrastructure, equipment purchases, networking events, growing strategic clusters, and
