The City of Richland provides low-interest loans to encourageit residential customers to pursue equipment upgrades and home improvement measures that will increase the energy efficiency of their homes. Loans can be taken out for up to 10 years with interest rates ranging from between 3% and 4%; the interest rate generally decreases with shorter loan payback periods. Interest rates can also be reduced by choosing equipment and measures which exceed the program's minimum efficiency standards. Individual measures have maximum loan amounts, and the maximum loan per customer for multiple measures is $15,000. To qualify for a loan, the customer must

The Rural Energy for America Program (REAP) provides financial assistance to agricultural producers and rural small businesses in rural America to purchase, install, and construct renewable energy systems, make energy efficiency improvements to non-residential buildings and facilities, use renewable technologies that reduce energy consumption, and participate in energy audits and renewable energy development assistance.

Renewable energy projects for the Renewable Energy Systems and Energy Efficiency Improvement Guaranteed Loan and Grant Program include wind, solar, biomass and geothermal, and hydrogen derived from biomass or water using wind, solar, or geothermal energy sources. These grants are limited to 25% of a proposed

Note: The Tax Cuts and Jobs Act of 2017 repealed section 54C of the Internal Revenue Code, which authorized the use of New CREBs. IRS Notice 2018-15  announced that the IRS will no longer process applications for or issue allocations of New CREBs. The summary below describes CREBs before they were repealed, and is here for historical purposes only. 

Clean renewable energy bonds (CREBs) may be used by certain entities -- primarily in the public sector -- to finance renewable energy projects. The list of qualifying technologies is generally the same as that used for the federal renewable energy

Eligibility and Availability

As of June 2017, the 15 MW aggregate capacity limit for net metering in the Virgin Islands was reached, and the program was closed to new applicants. The prior net metering rules were later replaced by Net Energy Billing. While Title 12 of the Virgin Islands Code provided the basis for the prior net metering rules, the current Net Energy Billing rules are not codified in the Code. But it is generally understood that the Net Energy Billing rules apply to the same types of systems addressed in Title 12 of the Virgin Islands Code, namely systems

In the U.S. Virgin Islands, the owner of a solar or wind-energy system is permitted to negotiate for assurance of continued access to the system’s energy source. "Solar or wind-energy system" is defined as "any system that converts, stores, collects, protects or distributes the kinetic energy of the sun or wind into mechanical, chemical or electrical energy to provide power generation for the heating of water, the heating and cooling of buildings or other structures, and other similar purposes."

Furthermore, any covenant, condition or restriction contained in any deed, contract, mortgage, security instrument or other instrument pertaining to a conveyance

Note: See the supplemental Sales & Use Tax Topics: Renewable Energy Components Form for more information.

Colorado enacted S.B. 07-145 in April 2007, authorizing counties and municipalities to offer property or sales tax rebates or credits to residential and commercial property owners who install renewable energy systems on their property. 

Eligible renewable energy property is defined as "any fixture, product, system, device or interacting group of devices that produce electricity from renewable resources, including, but not limited to, photovoltaic systems, solar thermal systems, small wind systems, biomass systems, or geothermal systems."

The incentive is administered at the local level by

Colorado enacted SB07-145 in April 2007, authorizing counties and municipalities to offer property or sales tax rebates or credits to residential and commercial property owners who install renewable energy systems on their property. 

Local governments can enact incentive payments or property tax rebates under certain circumstances related to economic development. A county, municipality, or special district can enter into negotiations for an incentive payment with owners of new business facilities. A county, municipality, or special district may also negotiate an incentive payment or credit with owners of existing business facilities, located in their jurisdiction, based on verifiable documentation demonstrating that

Salem Electric provides incentives for members to increase the energy efficiency of eligible homes and facilities. Available rebates include:

• Energy Star home lighting
  
• Residential weatherization
  
• High efficiency heat pumps
  
• Qualifying appliance purchases
  
• Energy-efficient commercial installations

A list of appliance dealers and rebate forms can be found on the program web site. Residential members may receive rebates for insulation and heat pumps. Heat pumps must be installed by a participating contractor.

For more information, visit the program website.

Douglas Electric Cooperative offers financing for heat pumps and weatherization. Insulation levels for this climate zone should be a minimum of R-38 in the ceiling, R-30 in the floor and R-11 in the walls. All equipment and project requirements must be met in order to be eligible, check the website above for specifics regarding heat pump requirements. Coop members must choose between financing and rebate incentives, they cannot be used together. See the program website listed above for more information or contact Douglas Electric directly.

Douglas Electric Cooperative offers rebates to its members for the purchase of energy efficient products and measures. Rebates include clothes washers, heat pumps, manufactured homes, smart thermostats, and weatherization measures. For more information on equipment requirements, rebate terms and conditions, and eligibility please visit the program website listed above or contact Douglas Electric Cooperative directly.