Residential

U.S. Virgin Islands - Equitable E-Mobility Rebate Program

The Virgin Islands Energy Office launched the Equitable E-Mobility Rebate Program in January 2024, granting those who purchase an eligible new and used EV from a local or off-island dealership a $5,000 rebate. Applicants may also receive a $500 rebate for eligible e-bikes purchased from qualified vendors. 

One EV rebate and one e-bike rebate are allowed per household, as well as two EV rebate applications per business entity (including non-profits).

EVs and e-bikes purchased starting April 1, 2023, are eligible and rebates are given on a first-come, first-served basis.

For more information visit the program website.

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Multi-Family Shared Solar Program

In April 2020, the Virginia General Assembly enacted  a series of bills (SB 710, HB 572, HB 1184,  and HB 1647), authorizing a multi-family shared solar program in the service territories of Dominion Energy Virginia and Old Dominion Power.

System size is limited to 3 MW, up to 5 MW cumulative for systems on contiguous locations owned by the same entity.

Subscriptions are administered by a Subscriber Organization. For facilities with a nameplate capacity greater than 500 kW, the Subscriber Organization must be licensed by the State Corporation Commission. Smaller facilities may be granted an exemption

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Tennessee C-PACER Financing

Note:  In 2010, the Federal Housing Finance Agency (FHFA), which has authority over mortgage underwriters Fannie Mae and Freddie Mac, directed these enterprises against purchasing mortgages of homes with a PACE lien due to its senior status above a mortgage. Most residential PACE activity subsided following this directive; however, some residential PACE programs are now operating with loan loss reserve funds, appropriate disclosures, or other protections meant to address FHFA's concerns. Commercial PACE programs were not directly affected by FHFA’s actions, as Fannie Mae and Freddie Mac do not underwrite commercial mortgages. Visit PACENation for more information about PACE financing

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