The PACE program offers low-cost, long-term financing for improvements to commercial and industrial properties. The program seeks to bolster energy efficiency, decrease water consumption and energy demand, and finance technologies that generate electricity, provide thermal energy, or regulate temperature. Local governments must opt-in to this
Utah’s PACE program allows for the creation of certain energy assessment districts that offer up to 100% financing for projects over terms of up to 30 years. Savings generated from new energy investments must outweigh costs and yield a positive cash flow over time, allowing
This tax credit may be claimed by taxpayers owning a hydrogen production system. The hydrogen must be produced using either a renewable energy source (green hydrogen) or renewable natural gas. Credits of $0.12 per kg of hydrogen produced may be claimed in a tax year,
Local governments in Virginia are authorized to offer PACE financing support to renewable energy, energy efficiency, and water efficiency projects. Local governments have discretion over funding sources, qualifying projects, loan term lengths, loan amounts, and interest rates.
Local governments in Virginia can receive financial support of varying types from the Virginia Resources Authority for renewable energy and some energy efficiency projects. The statute that authorized the program includes an imprecise definition of renewable energy, which means a broad set of renewable thermal
This program matches industrial, commercial, non-profit, and local governmental entities with private lenders to provide funding for qualified renewable energy and energy efficiency upgrades, including hot water and steam improvements and alternative fuel infrastructure. To deliver a loan, the program issues a Qualified Energy Conservation
Virginia localities may establish local green banks to promote any clean energy technology. Banks may be set up as public entities, quasi-public entities, depository banks, or nonprofit entities. Localities must offer to include private lenders in green banks.
The program offers low-interest loans to help repay costs over time associated with utility cost reduction measures (UCRMs) such as rooftop solar water, geothermal equipment, and thermal storage. This program resembles energy savings performance contracts but may be used by “facilities supported by the state”
This program, administered by the State Energy Conservation Office, seeks to distribute grant money for the demonstration of sustainable and innovative utilization of energy resources, including clean coal, gasification projects for coal and biomass mixtures, wind, solar photovoltaic, and other solar applications. Grants may also
The Rhode Island Infrastructure Bank administers the Rhode Island Commercial Property Assessed Clean Energy (C-PACE) program, which provides long-term, fixed-rate financing for building upgrades in commercial and industrial properties. Eligible projects include energy efficiency improvements, renewable energy, and alternative fuel infrastructure.
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The Renewable Thermal Collaborative (RTC) is the global coalition for companies, institutions, and governments committed to scaling up renewable heating and cooling at their facilities, dramatically cutting carbon emissions.
