As of June 30, 2010, taxpayers may take a credit, apply for a refund of taxes paid, or apply for authority to make tax-exempt purchases of machinery and equipment used to produce electricity in a Certified Green Energy Production Facility.
Tennessee provides tax credits to industries in the green energy supply chain that invest more than $250 million into the state. The Department of Revenue, Department of Economic and Community Development as well as the Department of Environment and Conservation are authorized to certify “green energy supply chain manufacturers” as eligible for the Green Energy Tax Credit. The $1.5 million
In April 2020, the Virginia General Assembly enacted Chapters 1187 (SB 710), 1188 (HB 572), 1188 (HB 1184), 1239 (HB 1647) of the 2020 Virginia Acts of Assembly. The chapters authorize 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
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
Bill No. 1-37 of 2023 provided an exemption from property taxes for photovoltaic solar panels and photovoltaic roof tiles installed on buildings.
Green Mountain Power customers are eligible for rebates for a variety of energy-efficient technologies and installations, from induction cooktops to heat pumps for income-eligible customers.
For qualifying details please refer to the cited website. You will also find several Efficiency Vermont incentives that you can also find here.
All customers can get a $200 rebate towards a new e-bike or a retrofitted bike. E-bikes purchased from January 1, 2024, to June 30, 2024, are eligible.
For qualifying details please refer to the cited website.
Vermont Electric Cooperative is offering a $150 one-time bill credit per heat pump unit installed.
The credit application can be found here.
Vermont Electric Cooperative is offering a $100 one-time bill credit for an installed induction cooktop (not including portable cooktops) purchased on or after September 1, 2022.
The credit application can be found here.
Burlington Electric Department offers a rebate incentive for eligible electric bikes.