The Rural Energy for America Program (REAP) provides guaranteed loan financing and grant funding to agricultural producers and rural small businesses for renewable energy systems or energy efficiency improvements. Projects must be located in rural areas, defined as populations of 50,000 residents or less. Eligible
The Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program provides loan guarantees up to $250 million to assist in the development, construction, and retrofitting of new and emerging technologies. This program is overseen by the US Department of Agriculture (USDA). The total amount of
The Inflation Reduction Act of 2022 provided $250 million to accelerate heat pump manufacturing through the Defense Production Act (DPA), including industrial heat pumps. The investment seeks to reduce the nation’s reliance on fossil fuels, improve efficiency, lower consumer energy costs, strengthen national defense and
Under the Title 17 Clean Energy Financing Program, the Department of Energy (DOE) Loan Programs Office (LPO) finances projects that support clean energy deployment and energy infrastructure reinvestment, aiming to reduce greenhouse gas emissions and air pollution. Title 17 was created through the Energy Policy
Under this law, a municipality, county, or multi-county joint power board can designate an Energy Improvements Area, and establish a program to make loans to owners of residential, commercial, or industrial real property in the area for projects that increase energy efficiency or generate renewable
DC PACE is a financing product developed through a partnership between Urban Ingenuity and the DC Department of Energy and Environment. This program offers 100% financing for energy and water projects, allowing qualified property owners to receive financing repaid through a property tax assessment on
The DC Green Bank is a quasi-government institution helping to use innovative financing mechanisms to lower barriers to renewable energy deployment. It offers several products for residential, commercial, and industrial customers, including the Commercial Loan for Energy Efficiency and Renewables (CLEER).
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%.
This legislation establishes a Commercial Property Clean Energy and Resiliency (C-PACER) program that local governments in Washington may implement to allow agricultural, commercial, and industrial properties to borrow money to reduce energy use or generate renewable energy. Under the program, debt is taken on by
PACE Wisconsin allows municipalities and counties to work with private sector lenders to provide up to 100% of the up-front cost to property owners for qualified energy efficiency and renewable energy measures. Loans under the program have repayment periods of up to 20-30 years and
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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.
