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
Energy efficiency building standards apply to new construction and major renovation projects of state owned or state leased buildings. Buildings must exceed the International Energy Conservation Code by at least 20%, where cost-effective. The Montana Department of Labor, Montana university system, and other state agencies
In the State of New Jersey, all solar energy equipment is exempt from the state’s sales tax. The exemption applies to devices approved by the Board of Public Utilities that are designed to provide heating or cooling by converting solar energy into some other usable
In Nevada, new state buildings over 20,000 sq. ft. must comply with ASHRAE Standard 90.1-2016 and ENERGY STAR guidelines. The Administrator of the Division determines what building design measures are appropriate from project to project. They also issue a final approval of payment after reviewing
Oklahoma has a Commercial Property Assessed Clean Energy (C-PACE) program which can finance up to 100% of the costs of eligible projects with an extended amortization period such that projects can be cash flow positive from day one. Eligible properties include commercial, industrial, and agricultural
Qualified energy producers and other businesses in the renewable energy industry can be granted an exemption from industrial income, municipal and Commonwealth taxes on real and personal property, license fees, excise, and other municipal taxes, among other benefits. The tax exemption is 90% for industrial
This program, administered by the State Energy Conservation Office, offers grants for the demonstration of sustainable and innovative utilization of energy resources, including biomass and solar thermal projects. Grants may also be used for “other appropriate low-emission, renewable, and sustainable energy applications.” The State Energy
The Washing State Housing Finance Commission’s Sustainable Energy Trust provides loans for energy efficiency and clean energy-related retrofits and new construction. Loan sizes can range from $50,000 to up to $1 million, at interest rates of 2-4%. Eligible applicants include but are not limited to
The Arkansas PACE Program allows counties and cities to establish property assessed clean energy districts. In these districts, property owners can borrow money to finance energy improvements and pay the borrowed money back, typically through property taxes, with a special property assessment.
The Green Colorado Credit Reserve (GCCR) is a loan loss reserve created by the Colorado Energy Office to incentivize private lenders to make commercial loans up to $100,000 for capital improvements promoting renewable energy. For each loan made by a participating lender, the GCCR provides
