Solar Energy Tax Incentives by State

Solar Energy Tax Incentives by State

Solar Energy Tax Incentives by State

If you’re looking to go solar for your home or business, you should know that there are incentives that help offset the investment. These are both at the national and state level and include tax incentives and favorable policies that make it easier for residents to adapt to solar energy. We’ve put together a few examples for each state, with the total number of incentives listed in parenthesis. For a comprehensive list visit http://www.dsireusa.org/.

 

U.S. (18)

Business Energy Investment Tax Credit (ITC)

This incentive is a corporate tax credit given to businesses that utilize solar, fuel cells, wind or geothermal power.

Tribal Energy Program Grant

This grant is available for solar updates on Tribal Lands.

USDE - Loan Guarantee Program

This loan program helps U.S. businesses, schools, and other commercial buildings upgrade with more energy efficient options.

FHA PowerSaver Loan Program

The PowerSaver Loan Program offers financing options for homeowners to make upgrades to their home.

Alabama (7)

TVA - Mid-sized Renewable Standard Offer Program

The Tennessee Valley Authority offers a payment incentive for the power generated by your mid-sized solar panels if you work with them to feed your extra storage back into the grid.

TVA - Solar Solutions Initiative

Solar Solutions Initiative offers performance-based financial incentives for Solar PV systems.




Alaska (8)

Golden Valley Electric Association - Sustainable Natural Alternative Power (SNAP) Program

This program encourages members to install renewable energy generators and connect them to the utility's electrical distribution system by offering an incentive payment based on production.

Property Tax Exemption for Renewable Energy Systems

Alaska has legislation on the books that authorizes municipalities to exempt renewable energy systems (including solar) from property taxes.

Alternative Energy Conservation Loan Fund

This fund will help commercial buildings install energy conservation improvements.

Arizona (38)

Residential Solar and Wind Energy Systems Tax Credit

This tax credit is for taxpayers who install solar or wind energy systems at their residence. This credit is allowed on the personal income tax in the year of installation.

Solar and Wind Equipment Sales Tax Exemption

State sales taxes are not applied to solar equipment as defined in the summary of this exemption.

Non-Residential Solar & Wind Tax Credit

With this incentive, 10% of the installed cost of a qualified “solar energy device” is applied to either business or personal taxes as a credit.

Energy Equipment Property Tax Exemption

Solar energy devices add taxable value to your home or business under this exemption.

 

Renewable Energy Production Tax Credit

This tax credit is on electricity produced by renewable resources, including solar.

 

Arkansas (6)

AEP SWEPCO - Commercial and Industrial Renewable Energy and Energy Efficiency Rebate Programs

This incentive is several rolled into one. For solar, there’s a specific price incentive assigned.

Sustainable Building Design Revolving Loan Fund

This loan program supports those who have energy efficient upgrades, including some solar applications.

California (96)

California Solar Initiative - Low-Income Solar Water Heating Rebate Program

Single and multifamily residential properties can qualify for rebates to upgrade to solar.

 

CaliforniaFIRST

This is a financing program for non-residential properties in California.

 

Colorado (47)

Property Tax Exemption for Renewable Energy Systems

Colorado has authorized counties and municipalities that offer property or sales tax rebates for homeowners and business owners who install renewable energy systems.

 

Green Colorado Credit Reserve

The Colorado Energy Office uses this fund to incentivize private lenders to make small commercial loans for energy-efficient upgrades.

 

Connecticut (26)

Connecticut Clean Energy Fund

The fund is authorized to invest in renewable energy technology and equipment produced in Connecticut and used for generating electricity.

Energy Conservation Loan

The Connecticut Housing Investment Fund has loans available for homeowners that meet the qualifications.

Property Tax Exemption for Renewable Energy Systems

This tax exemption is for farms, single-family homes or multifamily dwellings limited to four units.

Smart-E Loans

No money down, fixed rates, and no prepayment penalties are some features these long-term, low-interest financing loans offer to residences upgrading their energy performances.

Property Tax Exemption for Renewable Energy Systems

Connecticut municipalities are authorized, though not required, to offer property tax exemption for up to 15 years for qualifying solar systems.

 

Delaware (17)

Delmarva Power - Green Energy Program Incentives

Delaware residents are eligible for an incentives program to help fund Green Energy upgrades to their homes.

 

Delaware Electric Cooperative - Green Energy Program Incentives

This rebate program applies to solar panels, solar thermal, wind, fuel cells, and geothermal installations.

Sustainable Energy Utility (SEU) - Revolving Loan Fund

The Revolving Loan Fund Objective is to encourage adoption and installation of end-user energy efficiency measures and customer-sited renewable generation that results in savings. The hope is that with this fund, you’ll lower customers’ bills and reduce the environmental impacts of energy production, delivery, and use.

Energy Efficiency Investment Fund Rebates

Non-residential customers are eligible for rebates on lighting, lighting controls, natural gas heating equipment, water heating equipment and more.

Energize Delaware Home Energy Loan Program

Qualifying Delaware property owners who are participating in the Home Performance with ENERGY STAR program can now finance their energy-saving home improvements with a fast and easy monthly payment option through Energize Delaware.

Sustainable Electric Utility (SEU)- SREC Purchase Program

The program offers a standard onetime payment of $450 per kW for the first 20 years of SRECs created by the system.

Sustainable Energy Utility (SEU) - Energize Delaware Farm Loan Program

Delaware Sustainable Energy Utility (DESEU) offers customized loans for agricultural customers as a part of its Energize Delaware initiative.

 

District of Columbia (8)

Solar Energy System and Cogeneration System Personal Property Tax Credit

The District of Columbia Council created a personal property tax exemption for solar energy systems and cogeneration systems within the District.

 

Florida (42)

Solar and CHP Sales Tax Exemption

Solar energy systems have been exempt from Florida's sales and use tax since July 1, 1997.

Property Tax Exclusion for Residential Renewable Energy Property

Florida provides a property tax exemption for residential photovoltaic systems, wind energy systems, solar water heaters, and geothermal heat pumps installed on or after January 1, 2013.

Special Districts

Financing for property owners to borrow money to pay for energy improvements is available through the PACE Program.

Georgia (18)

Georgia Green Loans Save & Sustain Program

Georgia Green Loans will cover most of the costs for commercial energy audits through a select group of energy auditing partners, allowing businesses to make informed decisions on energy efficiency improvements.

GreyStone - Photovoltaic Rebate Program

GreyStone Power, an electricity cooperative in Georgia, offers a rebate for solar photovoltaic (PV) systems to members.

Hawaii (21)

Solar and Wind Energy Credit

Originally enacted in 1976, the Hawaii Energy Tax Credits allow individuals or corporations to claim an income tax credit for the cost of equipment and installation of a wind system, solar thermal or photovoltaic (PV) system.

Renewables and Efficiency in State Facilities & Operations

In May 2006, Hawaii’s governor signed HB 2175 addressing renewable energy, energy efficiency, and alternative fuels in state facilities and operations.

Farm and Aquaculture Alternative Energy Loan

A loan program for agriculture and aquaculture renewable energy projects.

GreenSun Hawaii

The GreenSun Hawaii program works with various lenders throughout Hawaii to offer financing for renewable energy and energy-efficiency upgrades.

 

Idaho (10)

Residential Alternative Energy Tax Deduction

This statute allows taxpayers an income tax deduction of 40% of the cost of a solar, wind, geothermal and certain biomass energy devices used for heat or electricity generation.

Low-Interest Energy Loan Programs

Low-interest loans to make building improvements that will conserve energy and increase energy efficiency projects in Idaho.

Property Tax Exemption for Wind, Solar, and Geothermal Energy Producers

Under these policies, commercial wind, solar and geothermal energy producers, excluding those regulated by the Idaho Public Utilities Commission, are exempt from paying taxes on real estate, fixtures or property related to their renewable energy systems.

Illinois (19)

Special Assessment for Solar Energy Systems

Illinois offers a special assessment of solar energy systems for property tax purposes.

Illinois Clean Energy Community Foundation Grants

Grants that support both energy efficiency and renewable energy projects, including wind, solar and other renewable energy sources.

Renewable Energy and Energy Efficiency Project Financing

For the purposes of this program, renewable energy projects include those that utilize wind, solar thermal energy, photovoltaic cells and panels, biodiesel, crops and organic waste biomass, trees and tree trimmings, hydropower, Illinois-produced landfill gas, geothermal and "other alternative sources of environmentally preferable energy."

Green Energy Loans

Illinois business owners, non-profit organizations and local governments seeking loans for certain energy efficiency and renewable energy upgrades may apply for rate reduction.

Solar Renewable Energy Credits

In June 2014, Illinois enacted H.B. 2427, which released $30 million in the Renewable Energy Resources Fund to the Illinois Power Agency for the purchase of photovoltaic (PV) power through a supplemental procurement process. Of the released funds, half are set aside for PV systems less than 25 kilowatts in nameplate capacity, such as residential rooftop systems.

Indiana (12)

Renewable Energy Property Tax Exemption

Systems that generate energy using wind, hydropower, geothermal and solar energy heating or cooling systems are exempt from property tax.

Iowa (18)

Renewable Energy Equipment Exemption

Effective July 1, 2006, solar energy equipment is also exempt from the state sales tax. Solar equipment means any equipment that is used to convert incident solar radiation to energy or equipment used to transform the converted energy to storage or some other point of use.

Property Tax Exemption for Renewable Energy Systems

In Iowa, the market value added to a property by a solar or wind energy system is exempt from the state's property tax for 5 full assessment years.

Kansas (8)

Renewable Energy Property Tax Exemption

For applications for exemptions filed after December 31, 2016, a property tax exemption is limited to the 10 taxable years immediately following the taxable year in which construction or installation of such property is completed.

 

Kentucky (16)

Incentives for Energy Independence

The tax credit allows approved facilities to receive a credit up to 100% of Kentucky income tax and the limited liability tax for projects that construct, retrofit or upgrade facilities that generate power from renewable resources.

Tax Exemption for Large-Scale Renewable Energy Projects

Companies may receive a sales tax incentive of up to 100% of the Kentucky sales and use tax paid (on or after the activation date) on materials, machinery, and equipment used to construct, retrofit or upgrade an eligible project.

Louisiana (11)

Solar Energy System Exemption

Any equipment attached to an owner-occupied residential building or swimming pool as part of a solar energy system is considered personal property that is exempt from ad valorem taxation.

Home Energy Loan Program

Allows homeowners to get a five-year loan to improve the energy efficiency of their existing home.

Maine (12)

Property Assessed Clean Energy

Efficiency Maine offers a variety of energy loans to help you pay for energy upgrades.

Maine PACE Loans

Property-Assessed Clean Energy (PACE) financing allows property owners to borrow money to pay for energy improvements.

Maryland (34)

State Agency Loan Program

Provides loans to State agencies for cost-effective energy efficiency improvements in state facilities.

Jane E Lawton Conservation Loan Program

This program provides local governments, nonprofits, and businesses in the State with an opportunity to reduce their operating expenses by identifying and installing cost-effective energy conservation improvements.

Property Tax Credit for Renewables and Energy Conservation Devices

Title 9 of Maryland’s property tax code provides local governments the option to allow a property tax credit for buildings equipped with a solar, geothermal or other qualifying energy conservation device.

Residential Clean Energy Grant Program

Maryland's Residential Clean Energy Grant Program, administered by the Maryland Energy Administration (MEA), provides financial incentives to homeowners that install solar water-heating, solar-electric (PV) and geothermal heating and cooling systems.

Clean Energy Production Tax Credit

Title 9 of Maryland's property tax code creates an optional property tax credit for high-performance buildings.

Massachusetts (35)

Residential Renewable Energy Income Tax Credit

Massachusetts allows a 15% credit -- up to $1,000 -- against the state income tax of a renewable energy system (including installation costs) installed on an individual’s primary residence.

Renewable Energy Equipment Sales Tax Exemption

Massachusetts law exempts from the state's sales tax equipment directly relating to any solar, wind powered or heat pump system being used to bring energy needs to your home.

Renewable Energy Property Tax Exemption

Massachusetts law provides that solar energy systems and wind energy systems used as a primary or auxiliary power system for the purpose of heating or otherwise supplying the energy needs of taxable property are exempt from local property tax for a 20-year period.

Energy Revolving Loan Fund

Property-Assessed Clean Energy (PACE) financing effectively allows property owners to borrow money to pay for energy improvements.

Michigan (21)

Property Assessed Clean Energy

Property-Assessed Clean Energy (PACE) financing effectively allows property owners to borrow money to pay for energy improvements.

Michigan Saves - Home Energy Loan Program

Michigan Saves is a nonprofit that offers financing options for energy efficiency improvements throughout Michigan.

Michigan Saves - Business Energy Financing

The Business Energy Financing Program was started with seed funding from the Michigan Public Service Commission.

Lean and Green Michigan PACE

Property-Assessed Clean Energy (PACE) financing effectively allows property owners to finance energy improvements with no upfront costs.

Minnesota (34)

Solar Energy Sales Tax Exemption

In Minnesota, solar-energy systems purchased on or after August 1, 2005, are exempt from the state's sales tax.

Fix-Up Loan

Fix-up Loan provides low-interest financing for energy conservation and other basic improvements to residential properties.

Made in Minnesota Solar Thermal Rebate

The Made in Minnesota (MiM) Solar Energy Incentive Program provides financial benefits to energy customers who choose to install solar for their home or business.

Mississippi (6)

Mississippi Clean Energy Initiative

This program provides an incentive for companies that manufacture systems or components used to generate renewable energy, including biomass, solar, wind and hydro generation.

Missouri (18)

Solar Property Tax Exemption

In Missouri, solar energy systems not held for resale are exempt from state, local and county property taxes.

Show Me PACE

PACE financing allows property owners to finance energy efficiency, renewable energy and water conservation improvements to their property using assessments on their property taxes.

Montana (16)

Mandatory Utility Green Power Option

In Montana, regulated electric utilities are required to offer customers the option of purchasing electricity generated by certified, environmentally-preferred resources that include, but are not limited to, wind, solar, geothermal and biomass.

Renewable Energy Systems Exemption

Montana's property tax exemption for recognized non-fossil forms of energy generation and low emission wood or biomass combustion devices may be claimed for 10 years after installation on the property.

Residential Alternative Energy System Tax Credit

Residential taxpayers who install an energy system using a recognized non-fossil form of energy on their home after December 31, 2001, are eligible for a tax credit equal to the amount of the cost of the system and installation of the system, not to exceed $500.

Alternative Energy Revolving Loan Program

The Alternative Energy Revolving Loan Program (AERLP) provides loans to individuals, small businesses, local government agencies, units of the university system and nonprofit organizations to install alternative energy systems that generate energy for their own use.

Nebraska (9)

Dollar and Energy Savings Loans

Makes available low-interest loans for residential and commercial energy efficiency improvements and renewable energy projects.

Sales and Use Tax Exemption for Renewable Energy Property

Nebraska allows for a refund of the sales and uses taxes paid for a renewable energy system used to produce electricity for sale.

Nevada (20)

NV Energy - Renewable Generation Rebate Program

Incentive programs help NV Energy customers reduce the cost of installing solar, wind and hydropower systems.

Renewable Energy Systems Property Tax Exemption

Renewable energy systems which serve a commercial or industrial building or an irrigation system are exempt from property taxes.

Renewable Energy Sales and Use Tax Abatement

The program awards partial sales and uses tax and partial property-tax abatements to eligible renewable energy facilities.

New Hampshire (11)

Residential Small Renewable Energy Rebate Program

This program offers rebates to qualifying homeowners who install photovoltaic (PV) or wind turbine electrical generation systems that are 10kW or smaller.

Property Tax Exemption for Renewable Energy

New Hampshire allows cities and towns to offer an exemption from residential property taxes for the assessed value of a solar energy system, wind energy system or wood-fired central heating system used on the property.

Enterprise Energy Fund Loans

The Enterprise Energy Fund is a low-interest revolving loan fund available to businesses and nonprofit organizations to help finance energy improvements and renewable energy projects for their buildings.

Residential Solar Water Heating Rebates

This program offers rebates ranging from $1,500 to $1,900, depending on system size, for qualified solar water heating and space heating systems on primary residences in New Hampshire.

 

New Jersey (20)

Solar Energy Sales Tax Exemption

New Jersey offers a full exemption from the state’s sales tax for all solar energy equipment.

Property Tax Exemption for Renewable Energy Systems

New Jersey has property tax exemptions for renewable energy systems used to meet on-site electricity, heating, cooling or general energy needs.

New Mexico (26)

Solar Energy Gross Receipts Tax Deduction

The Solar GRT Deduction is available when selling or installing a solar energy system.

Property Tax Exemption for Residential Solar Systems

In most circumstances, residential solar systems are exempted from property tax assessments in New Mexico.

New York (27)

Residential Solar Tax Credit

New York offers a personal income tax credit for solar energy systems purchased and installed for residential properties.

Solar, Wind & Biomass Energy Systems Exemption

A 15-year real property tax exemption for solar, wind energy and farm-waste energy systems constructed in New York State.

NY-Sun PV Incentive Program

This program provides cash incentives for residential solar systems that are 25 kW or less and for non-residential systems that are 200 kW or less.

Energy Conservation Improvements Property Tax Exemption

For this exemption, qualifying energy-conservation improvements to homes are exempt from real property taxation to the extent that the addition would increase the value of the home.

Solar Sales Tax Exemption

New York enacted legislation in July 2005 exempting the sale and installation of residential solar-energy systems from the state's sales and compensating use taxes.

North Carolina (30)

Active Solar Heating and Cooling Systems Exemption

This exemption says that active solar heating and cooling systems may not be assessed at more than the value of a conventional system for property tax purposes.

NC GreenPower Production Incentive

NC GreenPower, a statewide green power program designed to encourage the use of renewable energy in North Carolina, offers production payments for grid-tied electricity generated by solar, wind, small hydro (10 megawatts or less) and biomass resources.

Property Tax Abatement for Solar Electric Systems

This legislation exempts 80% of the appraised value of a “solar energy system” from property tax.

Green Building Incentives

To encourage sustainable building practices, North Carolina law allows all counties and cities to provide reductions or partial rebates for building permit fees.

North Dakota (7)

Renewable Energy Property Tax Exemption

In North Dakota, local property taxes are exempt from solar, wind or geothermal energy devices.

Ohio (19)

Energy Conversion and Thermal Efficiency Sales Tax Exemption

Ohio may provide sales and use tax exemption for certain tangible personal property used in energy conversion, solid waste energy conversion, or thermal efficiency improvement facilities designed, constructed or installed after December 31, 1974.

Air-Quality Improvement Tax Incentives

Several options of property, corporate, sales and use tax exemptions.

Energy Conservation for Ohioans (Eco-Link) Program

Qualifying homeowners are eligible for a 3% loan rate reduction through participating banks.

Oklahoma (8)

Community Energy Education Management Program

The Oklahoma Department of Commerce offers a revolving loan fund for local governments to make energy efficient improvements to government buildings.

Energy Loan Fund for Schools

The Oklahoma Department of Commerce has established a loan/lease fund for public and nonprofit K-12 schools to improve energy efficiency.

Higher Education Energy Loan Program

The Oklahoma Department of Commerce has established a loan/lease fund for institutes of higher education to improve energy efficiency.

Oregon (52)

Renewable Energy Systems Exemption

Oregon law states that any change in real market value to property due to the installation of a qualifying renewable energy system is exempt from assessment of the property’s value for property tax purposes.

State Energy Loan Program

Oregon's energy loan program offers fixed-rate, long-term loans for qualified projects that invest in energy conservation, renewable energy, alternative fuels or equipment that creates products from recycled materials.

Rural Renewable Energy Development Zones

Cities, counties and several contiguous counties in Oregon can set up Rural Renewable Energy Development Zones through this incentive.

Utility Scale Solar Incentive Program

HB 4037 of 2016 created the Solar Incentive Program for utility-scale solar development.

Pennsylvania (24)

High-Performance Building Incentives Program

The High-Performance Building Program (HPB) provides financial assistance in the form of grants and loan funds to underwrite the cost premiums associated with the design and construction or major renovation of high-performance buildings in the state.

Solar Energy Loan Program

The Solar Energy Program (SEP) provides financial assistance in the form of loan funds to promote the use of alternative solar energy in Pennsylvania.

Rhode Island (19)

Residential Solar Energy Property Tax Reduction

The State provides sales tax exemptions for eligible renewable energy materials.

Renewable Energy Products Sales and Use Tax Exemption

Certain renewable energy systems and equipment sold in Rhode Island are exempt from the state's sales and use tax.

Property Tax Exemption for Renewable Energy Systems

Rhode Island allows cities and towns to exempt, by ordinance, renewable energy systems from property taxation.

Renewable Energy Tax Credit

Rhode Island offers a tax credit for photovoltaic systems (on-grid and off-grid), solar hot-water systems, active solar-heating systems, wind-energy systems and geothermal energy systems.

Small Scale Solar Grants

Commerce Rhode Island provides financial grants for small-scale solar photovoltaic systems and domestic solar water heating systems to help reduce energy costs and increase renewable energy adoption.

Commercial Scale Renewable Energy Grants

The Rhode Island Commerce Corporation (Commerce RI) seeks to fund commercial-scale renewable energy projects generating electricity for onsite consumption.

Property Tax Exemption for Renewable Energy Equipment

Qualifying renewable energy systems and associated equipment used in residential and manufacturing sectors are to be exempt from property taxes throughout the state.

 

South Carolina (16)

ConserFund Loan Program

The South Carolina Energy Office offers the ConserFund Loan Program to fund energy efficiency improvements in state agencies, local governments, public colleges and universities, school districts and private non-profit organizations.

Solar Energy, Small Hydropower, and Geothermal Tax Credit

In South Carolina, taxpayers may claim a credit of 25% of the costs of purchasing and installing a solar energy system or small hydropower system.

South Dakota (6)

Renewable Energy System Exemption

With this exemption, Commercial, Industrial, Residential and Agricultural sectors can enjoy property tax incentives for renewable energy.

Renewable Energy Facility Sales and Use Tax Reimbursement

South Dakota allows for a reinvestment payment up to the total amount of sales and use taxes paid for certain new or expanded renewable energy systems, equipment upgrades to existing systems and manufacturing facilities that produce renewable energy equipment.

Tennessee (7)

Pathway Energy Efficiency Loan Program

Pathway Lending's Energy Efficiency Loan Program provides Tennessee businesses and nonprofits with below-market loans for energy efficiency and renewable energy improvements.

Sales Tax Credit for Clean Energy Technology

Allows a taxpayer to take a credit, to apply for a refund of taxes paid, or to apply for authority to make tax-exempt purchases of machinery and equipment used to produce electricity in a certified green energy production facility. It applies to Commercial and Industrial sectors only.

Green Energy Property Tax Assessment

In this incentive, Tennessee offers a special ad valorem property tax assessment for certified green energy production facilities. It applies to Commercial, Industrial, Investor-Owned Utility, Municipal Utilities, Residential and Cooperative Utilities sectors.

Texas (63)

Renewable Energy Systems Property Tax Exemption

The Texas property tax code allows an exemption of the amount of 100% of the appraised property value increase arising from the installation or construction of a solar or wind-powered energy device that is primarily for the production and distribution of thermal, mechanical or electrical energy for on-site use and devices used to store that energy.

LoanSTAR Revolving Loan Program

The Texas LoanSTAR (Saving Taxes and Resources) low-interest revolving loan program finances energy-related cost reduction retrofits for the state, public school, college, university, and non-profit hospital facilities.

Utah (19)

Renewable Energy Systems Tax Credit

Utah's income tax credit for renewable energy systems includes provisions for both residential and commercial applications.

Alternative Energy Sales Tax Exemption

Utah exempts the purchase or lease of equipment used to generate electricity from alternative resources from the state sales tax.

Commercial PACE Financing

Utah’s Commercial Property Assessed Clean Energy Financing Programs.

Vermont (20)

Renewable Energy Systems Sales Tax Exemption

Vermont's sales tax exemption for renewable energy systems.

Property Tax Exemption

Vermont allows municipalities the option of offering an exemption from the municipal real and personal property taxes for certain renewable energy systems.

Investment Tax Credit

The purpose of the tax credit is to encourage investment in rehabilitation, energy, qualifying advanced coal projects, qualifying gasification projects and qualifying advanced energy project credits.

Uniform Capacity Tax and Exemption for Solar

Vermont fully exempts solar photovoltaic (PV) systems up to 50 kilowatts (kW) from the statewide education property tax.

Small Business Energy Loan Program

This program helps Vermont businesses finance relatively smaller qualifying renewable energy generation and energy efficiency improvement projects.

Commercial Energy Loan Program

This program helps Vermont businesses finance larger qualifying renewable energy generation and energy efficiency improvement projects.

Agricultural Energy Loan Program

This program, administered by VEDA’s agricultural loan organization, the Vermont Agricultural Credit Corporation (VACC), helps Vermont agriculture and forest product-based businesses finance qualifying renewable energy generation or energy efficiency improvement projects, and adopt technologies that enhance or support the development and implementation of renewable energy or energy efficiency, or both.

Virginia (24)

Residential Property Tax Exemption for Solar

The State of Virginia provides the option for any county, city or town to exempt or partially exempt solar energy equipment and recycling equipment from local property taxes.

Commonwealth’s Energy Leasing Program

Lease financing administered by the Department of Treasury provides funding for energy efficiency projects in state facilities operated by state agencies, authorities and institutions of the Commonwealth of Virginia.

Clean Energy Manufacturing Incentive Grant Program

These grants are available for solar, wind, hydro, biomass and other renewable energy upgrades for Commercial and Industrial sectors.

Small Business & Nonprofit Loan Program

In April of 2014 H.B. 864 mandated that the Virginia Small Business Financing Authority provides financing for wind and solar projects to small businesses and nonprofits.

Washington (25)

Renewable Energy Sales and Use Tax Exemption

Solar energy systems 10 kW or less are eligible for a 100% exemption from sales and use tax with this incentive.

Evergreen Sustainable Development Standard for Affordable Housing

This is a green building performance standard required for all affordable housing projects receiving capital funds from the Washington State Housing Trust Fund. Green building improves the economics of managing affordable housing, promotes environmental quality and enhances quality of life for residents. While this standard is not quite an incentive, we think it’s pretty great that Washington has implemented this as an affordable housing investment strategy.

WSHFC Sustainable Energy Program

Offers low-cost financing for new green construction, energy efficiency upgrades, and renewable energy projects.

Energy Efficiency and Solar Grants

Energy Efficiency and Solar Grants are available to higher education institutions, local governments, public K-12 school districts and state agencies to lower their energy costs.

West Virginia (4)

Solar Rights Legislation

In March 2012, West Virginia enacted legislation that restricts housing associations from prohibiting solar energy systems on homes.

Wisconsin (22)

Biogas, Solar, and Wind Energy Equipment Exemption

In Wisconsin, any value added by a biogas, or synthetic gas energy systems, solar-energy systems or a wind-energy system is exempt from general property taxes.

Renewable Rewards Program

Wisconsin Focus on Energy offers rebates for residential solar electric (PV) systems. Rebates are available on a first-come, first-served basis while funds are available.

Renewable Energy Competitive Incentive Program

Wisconsin Focus on Energy offers a competitive grant to support the deployment of large renewable energy projects.

Renewable Energy Sales Tax Exemptions

Wisconsin has two sales tax exemptions that apply to renewable energy.

Wyoming (3)

Questar Gas - Residential Energy Efficiency Rebate Programs

Questar Gas provides rebates for residential customers who make their homes more energy efficient by installing certain energy-saving appliances, efficient heating equipment, and certain weatherization measures.

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