County, city, or town governments in Virginia may set property tax rates for equipment, machinery, and tools used in generating renewable energy at levels lower than the state-wide rates for such property.
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 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.
Under the Reinvestment Payment Program, new projects with costs exceeding $20,000,000 or with equipment upgrades greater than $2,000,000 can apply for a reinvestment payment no later than 90 days after starting construction. If the Board of Economic Development approves an application, a project owner will
The State of Tennessee allows local governments to establish a Commercial Property Assessed Clean Energy and Resiliency (C-PACER) Program, under which a local government can allow a commercial property in a designated C-PACER district to use a voluntary special assessment to repay the financing of
This grant program, administered by the State Commission on Environmental Quality, seeks to support the deployment of new technologies that reduce emissions from facilities and other stationary sources in Texas. Projects allowed under the grant include advanced clean energy projects, projects reducing emissions of regulated
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
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
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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.
