3.1.9 State Financing and Tax Incentives for Efficiency Investments

LPDD Recommendation: “States should incentivize energy efficiency appliances through tax policy, financial incentives, labeling programs, and financing policies.”

Green Tax Incentive Compendium

Collects federal and state tax incentives for renewable energy and energy efficiency.

DC Green Bank

Washington DC enacted a green bank in 2018 through the Green Finance Authority Establishment Act.

New York Green Bank

Offers structured wholesale financial products and solutions to support a suite of clean energy technologies, including energy efficiency.

Connecticut Green Bank

Established in 2011 to promote investment in clean energy and efficiency, and includes a program to help homeowners purchase ENERGY STAR appliances.

DC’s PACE Program

Initial investment is provided by private lenders, and the loan is repaid through an assessment on property taxes.