Rebates

The Rhode Island Economic Development Cooperation (RIEDC) administers Energy Revolving Loan Fund (ELF) which provides low interest loans for RI business for energy saving investments. This loan program is funded by reprogrammed stimulus money from the American Recovery and Reinvestment Act (ARRA). Funds can be used to install renewable energy projects, energy efficiency, or purchase energy saving equipment. Terms of loan vary between 5-10 years with interest rates between 1%-3% depending on the project.

Businesses applying for financing are required to provide:

• Earnings which can support the debt requested or projected growth which can generate a clear path to earnings

The West Penn Power Sustainable Energy Fund (WPPSEF) promotes the use of renewable energy and clean energy among commercial, industrial, institutional and residential customers in the West Penn market region. Eligible technologies include solar, wind, low-impact hydro, sustainable biomass such as closed-loop biomass and biomass gasification, and innovative natural gas technologies as well as energy efficiency. Clean energy refers to advanced technologies, including landfill gas and fuel cells, which use fossil fuels but have significantly lower emissions and waste than current commercialized technologies and fuels derived from waste.

In addition to loans, the program also offers grants up to $25,000 for

Program status: closed. The Maryland Energy Administration stopped funding this program on 1 July 2017.

Fiscal year 2017 was the last round, with applications due 1 December 2016. MEA made three awards that year — community resiliency hubs in Baltimore City, A F Mensah's grid-interactive smart homes in Pepco territory, and Power52's resiliency hubs in eastern Baltimore City — after three awards in fiscal year 2016, one in 2015 and two in 2014. MEA's program page carried a notice that funding was not available as of 1 July 2017 right up until the page was removed from its site.

The

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

H.B 8200 enacted in June, 2014 requires all ancillary non-electrical renewable energy work such as advertising, distribution and installation be performed by a person, firm or corporation holding a Renewable Energy Professional (REP) Certificate . All the renewable energy electrical work, including installation, connecting, testing, mounting of modules and inverters are to be performed by a licensed electrician.  Except for electrical work, the contractors require REP certification for installation, mechanical fastening and conjoining of listed solar sheathing system that are 10 kW or less. REP certification is also required for to any person, firm or corporation who is engaged in

S.B. 1087 of 2013 established the Hawaii Green Infrastructure Authority (HGIA) for the purpose of administering Green Infrastructure Bonds to secure low-cost financing for clean energy installations, including both renewable energy and energy efficiency measures. HGIA manages the Hawaii Green Energy Market Securitization (GEMS) Program, which is intended to create a sustainable financing structure through market driven public-private partnerships that will open access to financing for more Hawaii customers and democratize access to clean energy. HGIA has a goal of using 100% of funds to finance underserved households, defined as LMI households, renters, nonprofits, small businesses, and multi-family rental projects.

In Missouri, solar energy systems not held for resale are exempt from state, local, and county property taxes. As enacted in July 2013, the law does not define solar energy systems.

South Carolina offers a ten percent income tax credit to the manufacturers of renewable energy operations.*

The income tax credit is allowed for up to sixty months beginning with the first taxable year for which the business or corporation is eligible to receive the credit, so long as the business or corporation becomes eligible to receive the credit no later than the tax year ending on December 31, 2020.

In order to qualify, a business must:

• manufacture renewable energy systems and components in South Carolina for solar, wind, geothermal, or other renewable energy uses
• invest a minimum of $50 million in

The District of Columbia Council created a personal property tax exemption for solar energy systems and cogeneration systems within the District by enacting B19-0749 in December of 2012. Systems using exclusively solar energy as defined in D.C. Code § 34-1431(14) are exempt from personal property tax; provided, that, notwithstanding any other provision of law, the Chief Financial Officer shall transfer $120,000 from the certified revenues deposited in the Renewable Energy Development Fund established by § 34-1436 to the unrestricted fund balance of the General Fund of the District of Columbia and shall recognize the $120,000 as local funds revenue in fiscal year

In May 2012, Maryland enacted legislation stating that any calculation of "impervious surface" required by state or local authorities as part of a permit or variance relating to zoning, construction, or stormwater may only include the foundation or base supporting the solar panel. The law generally applies statewide, including charter counties and Baltimore City. It does not however apply in a defined "critical area", including the Chesapeake Bay Critical Area and the Coastal Bays Critical Area. The term "solar panel" is not specifically defined, but presumably would include both solar photovoltaic (PV) and solar thermal panels.