Under tax law, individuals are entitled to exemption from taxation on the appraised value of real property arising from a solar or wind-powered device used for on-site energy production and distribution. The law specifies that solar thermal and thermal storage systems qualify for the exemption,
Oregon’s Climate Protection Program sets a limit on emissions from fossil fuel use in commercial, industrial, residential, and transportation sources. Emissions from biomass-derived fuels are exempt from the regulation. The limit took effect in 2022 and decreases over time. The program sets limits for stationary
The Pennsylvania Energy Development Authority (PEDA), an independent public body, finances clean energy projects in the state. PEDA awards grants, loans, and loan guarantees as well as both tax-exempt and taxable bond financing for advanced clean energy projects. This authority and support exists outside of
The Ohio Energy Loan Fund (ELF) helps eligible applicants receive low-interest financing to install energy efficiency measures that reduce energy by at least 15%. The ELF allows for renewable energy projects to be deployed as part of a larger energy efficiency program. Low-interest loans are
This partnership between the Ohio Treasure of State and local banks provides reduced-rate financing to small business improvement projects for energy efficiency and renewable energy generation. The program offers up to a 3% interest rate reduction on small business loans of up to $550K for
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
Under Section 307.175, alternative energy systems are exempt from ad valorem property taxation, including solar, geothermal, and biogas (“methane gas”).
HB 2021 created a $50 million fund at the Oregon Department of Energy to provide grants for the development of community renewable energy projects. Eligible “renewable energy systems” include those that use biomass, solar, geothermal, or biogas to generate energy as well as energy storage
This bill states that when considering public building projects with a total contract price of $5 million or more, contracting agencies must have considered various “green energy technologies.” In this bill, green energy technologies are broadly defined as systems that employ solar or geothermal for
Before the construction of a renewable energy production system, an individual can apply to the State Department of Energy for a grant worth up to 35% of the cost of the project or $250,000 per system. Their definition of a “renewable energy production system” includes
Stay Informed with the Monthly RTC Newsletter: Get updates on Member & Solutions Provider news, stay current with events, reports, publications, & working group activities.
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.
