Honeywell Building Solutions Global Finance

Size: px
Start display at page:

Download "Honeywell Building Solutions Global Finance"

Transcription

1 Honeywell Building Solutions Global Finance Energy Sustainability Summit Ed Wojtowicz October 23-24, 2009 Jackson Hole, Wyoming Attorney Client Privilege Prepared at Request of Counsel

2 HBS Global Finance Energy Sales Team Energy Savings Strategic Bank Partnerships Stimulus Money Customer Centric Process Customer & Project Driven Solutions Bundled Solution Advisory Role on Deal Structure Renewables Program Global Financing Sales Team Project Financing Financial Modeling Helping Customers get the Financing they Require 2 HONEYWELL Wyoming Summit

3 Renewable Energy Current Federal Incentives US Treasury Department Renewable Energy Grants - Electricity producing - solar, wind, biogas, landfill gas, geothermal, trash and hydropower 30% of project value - Ground source heat pumps, micro turbines, combined heat and power plants 10% of project value - Credit termination date of January 1, 2013, for wind; January 1, 2014, for closed-loop biomass, open-loop biomass, landfill gas, trash, qualified hydropower, marine and hydrokinetic; i January 1, 2017, for fuel cells, small wind, solar, geothermal, micro turbines, CHP and geothermal heat pumps IRS Renewable Electricity Production Tax Credit - Landfill Gas, Wind, Biomass, Hydroelectric, Geothermal Electric, Municipal Solid Waste, Hydrokinetic Power (i.e., Flowing Water), Anaerobic Digestion, Small Hydroelectric, Tidal Energy, Wave Energy, Ocean Thermal cents/kwh for 10 years IRS Business Energy Investment Tax Credit - Solar Water Heat, Solar Space Heat, Solar Thermal Electric, Solar Thermal Process Heat, Photovoltaics, Wind, Biomass, Geothermal Electric, Fuel Cells, Geothermal Heat Pumps, CHP/Cogeneration, Solar Hybrid Lighting, Direct-Use Geothermal, Microturbines % tax credit Modified Accelerated Cost-Recovery System (MACRS) 3 HONEYWELL Wyoming Summit

4 Wyoming Recovery Act Funding K-12 Schools - State Fiscal Stabilization Fund - $82.7 million mostly to fix budget gaps - Qualified School Construction Bonds - $24.1 million in 2009 and Qualified Zone Academy Bonds - $440K in 2008 and $1.5 million in 2010 Cities and Counties - Energy Efficiency and Conservation Block Grants - $12.0 million - State Energy Program Grants - $24.9 million - Qualified Energy Conservation Bonds - $5.5 million - Recovery Zone Bonds - $225 million - Revolving Credit Water Funds - $38.9 million - Build America Bonds No limits 4 HONEYWELL Wyoming Summit

5 Financing Method Comparison Criteria Tax Credit Option Traditional Bond Project Cost $11,000,000 $11,000,000 Utility Rebates/ Grants $1,000,000 $1,000,000 Financed Amount $10,000, $10,000, Finance Term 16 yrs- QZAB (2M), QSCB (3M), QECB (1.1M) 18 yrs- RZEDB (3.9M) 20 yrs plus 14 months of construction (254 months) Net Interest Rate.613% 4.300% Net Interest t Cost $1,403,579 $5,213,752 5 HONEYWELL Wyoming Summit

6 Recovery Through Retrofit Program Vice President Biden unveiled the program on Monday, October 19th - Builds on the foundation of the Recovery Act - Goal is to increase green jobs and make homes more energy efficient - White House, DOE, HUD, Treasury, EPA, SBA and Labor working together - Existing technology can reduce energy in homes by 40% Barriers to a national retrofit market - Access to information consumers don t have sufficient information to make informed choices - Access to financing High upfront costs and home sale worries - Access to skilled workers not enough to expand weatherization and efficiency programs Recovery Through Retrofit Program Components - Provide American homeowners reliable home energy retrofit information - Reduce high upfront costs spread costs over time more affordable - Establish national workforce certifications and training standards 6 HONEYWELL Wyoming Summit

7 Property Assessed Clean Energy Financing Program Homeowner problems with financing energy retrofits - Limited access to capital - High transaction costs - Retrofits tied to individuals and not to homes high housing turnover usually results in costs not being recouped by the homeowner Property Assessed Clean Energy (PACE) - Homeowners finance retrofits through a municipal loan program - Payments made through a municipal property tax assessment - If home is sold obligation transfers to new homeowner who continues to benefit from energy savings from the retrofit - Can apply to energy efficiency and renewable energy projects - PACE will provided beneficial financial terms, streamlined application process and nationwide standards for home owners, lenders and contractors Similar programs already underway - Boulder, CO, Berkeley, CA, Palm Desert, CA, Sonoma County, CA 7 HONEYWELL Wyoming Summit

Renewable Energy and Energy Efficiency Rebates and Incentives Arizona State Incentives Federal Incentives Utility Rebates and Loan Programs

Renewable Energy and Energy Efficiency Rebates and Incentives Arizona State Incentives Federal Incentives Utility Rebates and Loan Programs Renewable Energy and Energy Efficiency Rebates and Incentives Arizona State Incentives Energy Equipment Property Tax Exemption Non-Residential Solar and Wind Tax Credit Property Tax Assessment for Renewable

More information

RENEWABLE ENERGY DEVELOPMENT STATE TAX POLICIES AND INCENTIVES IMPACTING

RENEWABLE ENERGY DEVELOPMENT STATE TAX POLICIES AND INCENTIVES IMPACTING RENEWABLE ENERGY DEVELOPMENT STATE TAX POLICIES AND INCENTIVES IMPACTING RENEWABLE ENERGY DEVELOPMENT PREPARED BY THE NATIONAL CONFERENCE OF STATE LEGISLATURES MARCH 2012 OREGON Contents State Taxes that

More information

Summary of New Direct-Payment Treatment for Certain Former Tax Credit Bonds. March 2010

Summary of New Direct-Payment Treatment for Certain Former Tax Credit Bonds. March 2010 Summary of New Direct-Payment Treatment for Certain Former Tax Credit Bonds March 2010 1 Purpose. This memorandum describes the impact of a new federal law, the Hiring Incentives to Restore Employment

More information

Green Building Incentives in New York, New Jersey and Connecticut

Green Building Incentives in New York, New Jersey and Connecticut Green Building Incentives in New York, New Jersey and Connecticut By Yuanshu Deng and Jared Eigerman Goulston & Storrs October 2009 The reduction of greenhouse gas emissions to mitigate climate change

More information

Overview of State and Local Green Building Incentives Tri-state Area (New York, New Jersey and Connecticut)

Overview of State and Local Green Building Incentives Tri-state Area (New York, New Jersey and Connecticut) Overview of State and Local Green Building Incentives Tri-state Area (New York, New Jersey and Connecticut) States, local governments and utility companies offer various financial incentives to promote

More information

Tax Credits The Lynchpin for Federal Renewable Energy Financing Policy. Kathy Parker

Tax Credits The Lynchpin for Federal Renewable Energy Financing Policy. Kathy Parker Tax Credits The Lynchpin for Federal Renewable Energy Financing Policy Kathy Parker Partner Rodman and Rodman CPA Environmental Business Council of New England Energy Environment Economy GREEN ENERGY TAX

More information

Clean State Energy Actions 2011 Update. connecticut

Clean State Energy Actions 2011 Update. connecticut Energy Efficiency Appliance/Equipment Efficiency Standards Building Energy Codes Utility Demand-Side-Management Utility Rate Realignment Energy Savings Targets/Energy Efficiency Resource Standards Public

More information

RENEWABLE ENERGY DEVELOPMENT STATE TAX POLICIES AND INCENTIVES IMPACTING

RENEWABLE ENERGY DEVELOPMENT STATE TAX POLICIES AND INCENTIVES IMPACTING RENEWABLE ENERGY DEVELOPMENT STATE TAX POLICIES AND INCENTIVES IMPACTING RENEWABLE ENERGY DEVELOPMENT PREPARED BY THE NATIONAL CONFERENCE OF STATE LEGISLATURES MARCH 2012 SOUTH DAKOTA Contents State Taxes

More information

NORTH CAROLINA INCENTIVES

NORTH CAROLINA INCENTIVES NORTH CAROLINA INCENTIVES Name: Asheville - Building Permit Fee Waiver Type: Green Building Incentive, Builder Technologies eligible: Energy Star Rating, Healthy Built Home Certification, LEED Certification,

More information

TAX INCENTIVES FOR FINANCING RENEWABLE ENERGY PROJECTS

TAX INCENTIVES FOR FINANCING RENEWABLE ENERGY PROJECTS June 14, 2011 TAX INCENTIVES FOR FINANCING RENEWABLE ENERGY PROJECTS A. APPLICABLE TAX INCENTIVES. In the United States, most renewable energy projects are financed in part by relying on significant tax

More information

Renewable Energy Finance, Market & Policy Overview

Renewable Energy Finance, Market & Policy Overview Renewable Energy Finance, Market & Policy Overview April 2014 Generation (TWh) - Solid Lines Retail Cost ($/kwh) - Dashed Lines Renewable Energy Policy is Driving Massive Private Capital Investment The

More information

Understanding Green Jobs in New Jersey

Understanding Green Jobs in New Jersey Understanding Green Jobs in New Jersey Everyone seems to be talking about green jobs and the need to train workers to fill them. You may even be thinking about how you can go green and make money doing

More information

Strategies for the Use of Sustainable and Renewable Energy (SURE) Track 7 State and Federal Policies and Incentives.

Strategies for the Use of Sustainable and Renewable Energy (SURE) Track 7 State and Federal Policies and Incentives. Strategies for the Use of Sustainable and Renewable Energy (SURE) Track 7 State and Federal Policies and Incentives October 27, 2006 ultra-clean power delivered to customers around the world State and

More information

Why Policy Matters. Renewable Energy Market Momentum at Risk. June 2015

Why Policy Matters. Renewable Energy Market Momentum at Risk. June 2015 Why Policy Matters Renewable Energy Market Momentum at Risk June 2015 Executive Summary Effective policies such as the Production Tax Credit (PTC) and Investment Tax Credit (ITC) have been key motivators

More information

TAX RELIEF INCLUDED IN THE AMERICAN RECOVERY AND REINVESTMENT PLAN

TAX RELIEF INCLUDED IN THE AMERICAN RECOVERY AND REINVESTMENT PLAN TAX RELIEF INCLUDED IN THE AMERICAN RECOVERY AND REINVESTMENT PLAN JANUARY 22, 2009 Summary: The tax provisions included in The American Recovery and Reinvestment Plan will provide approximately $275 billion

More information

Using EPA Resources to Maximize Clean Energy Opportunities in Recovery Funding

Using EPA Resources to Maximize Clean Energy Opportunities in Recovery Funding Using EPA Resources to Maximize Clean Energy Opportunities in Recovery Funding The webcast will begin in a few minutes. You will hear background music until the webcast begins. Webcast Agenda Introduction

More information

ATCAVE 2012. Expo February 29, 2012

ATCAVE 2012. Expo February 29, 2012 Renewable Energy Sources for Water and Wastewater Facilities ATCAVE 2012 Annual Technical Conference and Vendor Expo February 29, 2012 Presented by Sebastian Amenta PE Regional Program Director Comprehensive

More information

Grants State Funding Name Technologies Fuels Funding Available Specific Requirements Size Limits

Grants State Funding Name Technologies Fuels Funding Available Specific Requirements Size Limits State Incentives Specifically Targeting CHP and/or On-site Generation May 12, 2006 OnSite Renewable Distributed Generation Biogas, Biomass, Hydrogen, LFG total funding: $20.55 million; $9 million for fuel

More information

Comparison of Renewable Portfolio Standards (RPS) Programs in PJM States

Comparison of Renewable Portfolio Standards (RPS) Programs in PJM States Regulation or Legislation Geographic Eligibility Reporting Period Banking Credit Multipliers Technology - Specific (set asides) NJ MD DC PA DE HB 1308 / SB 869 (2004) Bill 15-747 (4/12/2005) SB 1030/Act

More information

H.R. 5351 Renewable Energy and Energy Conservation Tax Act of 2008

H.R. 5351 Renewable Energy and Energy Conservation Tax Act of 2008 H.R. 5351 Renewable Energy and Energy Conservation Tax Act of 2008 February 25, 2008 I. INCREASE PRODUCTION OF RENEWABLE ELECTRICITY Long-term extension and modification of renewable energy production

More information

State Incentives for Waste Heat to Power

State Incentives for Waste Heat to Power State Incentives for Waste Heat to Power Susan Brodie For HiP Member Use Only 10/8/2013 1 Overview Many states provide incentives for electricity produced from an array of resources to help achieve economic,

More information

Statement of Molly Sherlock Specialist in Public Finance Congressional Research Service. Before

Statement of Molly Sherlock Specialist in Public Finance Congressional Research Service. Before Statement of Molly Sherlock Specialist in Public Finance Congressional Research Service Before House Committee on Science, Space, and Technology Subcommittee on Investigations and Oversight & Subcommittee

More information

NAIOP Education Series Financing Renewable Energy and Clean Tech. Gregory V. Johnson Patton Boggs LLP gjohnson@pattonboggs.

NAIOP Education Series Financing Renewable Energy and Clean Tech. Gregory V. Johnson Patton Boggs LLP gjohnson@pattonboggs. NAIOP Education Series Financing Renewable Energy and Clean Tech Gregory V. Johnson Patton Boggs LLP gjohnson@pattonboggs.com (303) 894-6187 530228 1 Renewable Energy Project Finance Historic reliance

More information

Structuring the Deal: Funding Options and Financial Incentives for On-site Renewable Energy Projects

Structuring the Deal: Funding Options and Financial Incentives for On-site Renewable Energy Projects Structuring the Deal: Funding Options and Financial Incentives for On-site Renewable Energy Projects Derek Price Program Manager Renewable Energy Solutions Johnson Controls, Inc. Introduction More public

More information

Energizing Florida s Cities with Solar. Florida Redevelopment Association Annual Conference

Energizing Florida s Cities with Solar. Florida Redevelopment Association Annual Conference Energizing Florida s Cities with Solar Florida Redevelopment Association Annual Conference October 29, 2009 Colleen McCann Kettles FlaSEREF Established by the Florida Solar Energy Industries Association

More information

By Michael Klein, Senior Vice President, Citi IMR 26

By Michael Klein, Senior Vice President, Citi IMR 26 By Michael Klein, Senior Vice President, Citi IMR 26 Tax Credit Bonds In the American Recovery and Reinvestment Act of 2009 (ARRA), the U.S. Congress significantly increased the tax credit bond program

More information

Financing Renewable Energy in New Jersey

Financing Renewable Energy in New Jersey Financing Renewable Energy in New Jersey Renewable Energy Procurement Workshop Sustainable Jersey and the Atlantic County Utilities Authority Presenters Douglas J. Bacher, Managing Director Dianna C. Geist,

More information

H.R. 2776 Renewable Energy and Energy Conservation Tax Act of 2007

H.R. 2776 Renewable Energy and Energy Conservation Tax Act of 2007 H.R. 2776 Renewable Energy and Energy Conservation Tax Act of 2007 I. PRODUCTION INCENTIVES June 19, 2007 Long-term extension and modification of renewable energy production tax credit. The bill extends

More information

PAYMENTS FOR SPECIFIED ENERGY PROPERTY IN LIEU OF TAX CREDITS INDEPENDENT ACCOUNTANT CERTIFICATION

PAYMENTS FOR SPECIFIED ENERGY PROPERTY IN LIEU OF TAX CREDITS INDEPENDENT ACCOUNTANT CERTIFICATION PAYMENTS FOR SPECIFIED ENERGY PROPERTY IN LIEU OF TAX CREDITS INDEPENDENT ACCOUNTANT CERTIFICATION Applicants requesting payments of $ 1 Million or more for a specified property shall submit an independent

More information

Energy: renewable sources of energy. Renewable Energy Sources

Energy: renewable sources of energy. Renewable Energy Sources Energy: renewable sources of energy Energy Sources 1 It is technically and economically feasible to phase out net greenhouse gas (GHG) emissions almost entirely by 2050. A report by energy consulting firm

More information

ENERGY EFFICIENCY AND RENEWABLE ENERGY TAX INCENTIVES FEDERAL AND STATE ENERGY TAX PROGRAMS JEROME L. GARCIANO

ENERGY EFFICIENCY AND RENEWABLE ENERGY TAX INCENTIVES FEDERAL AND STATE ENERGY TAX PROGRAMS JEROME L. GARCIANO ENERGY EFFICIENCY AND RENEWABLE ENERGY TAX INCENTIVES FEDERAL AND STATE ENERGY TAX PROGRAMS JEROME L. GARCIANO JANUARY 2014 Renewable Energy and Green Building Tax Incentives Federal and State Energy Tax

More information

RENEWABLE ENERGY DEVELOPMENT STATE TAX POLICIES AND INCENTIVES IMPACTING

RENEWABLE ENERGY DEVELOPMENT STATE TAX POLICIES AND INCENTIVES IMPACTING RENEWABLE ENERGY DEVELOPMENT STATE TAX POLICIES AND INCENTIVES IMPACTING RENEWABLE ENERGY DEVELOPMENT PREPARED BY THE NATIONAL CONFERENCE OF STATE LEGISLATURES MARCH 2012 CALIFORNIA Contents State Taxes

More information

Combined Heat Power Supported Microgrids: Essential for the Evolution of Distributed Generation

Combined Heat Power Supported Microgrids: Essential for the Evolution of Distributed Generation Combined Heat Power Supported Microgrids: Essential for the Evolution of Distributed Generation October 16, 2012 Joe Sullivan, VP, Energy Policy & Development Concord Engineering District Energy CCHP Historic

More information

Green Building Incentives in Maryland, Virginia and the District of Columbia

Green Building Incentives in Maryland, Virginia and the District of Columbia Incentives in Maryland, Virginia and the District of Columbia By Yuanshu Deng and Jared Eigerman Goulston & Storrs October 2009 The reduction of greenhouse gas emissions to mitigate climate change is becoming

More information

States with In-State Resource RPS Requirements

States with In-State Resource RPS Requirements States with In-State Resource RPS Requirements Prepared by the North Carolina Clean Energy Technology Center This research is based on information from the Database of State Incentives for Renewables and

More information

The Private Sector Role in Clean Energy NGA Clean Energy Financing Workshop Neal Skiver Energy & Power Finance Banc of America Public Capital Corp

The Private Sector Role in Clean Energy NGA Clean Energy Financing Workshop Neal Skiver Energy & Power Finance Banc of America Public Capital Corp The Private Sector Role in Clean Energy NGA Clean Energy Financing Workshop Neal Skiver Energy & Power Finance Banc of America Public Capital Corp February 25, 2010 The American Recovery and Reinvestment

More information

An Act Concerning the Establishment of the Department of Energy and Environmental Protection and Planning for Connecticut s Energy Future

An Act Concerning the Establishment of the Department of Energy and Environmental Protection and Planning for Connecticut s Energy Future Public Act 11-80 An Act Concerning the Establishment of the Department of Energy and Environmental Protection and Planning for Connecticut s Energy Future David R. Goldberg & Jocelyn Anastasiou January

More information

Clean State Energy Actions 2011 Update. colorado

Clean State Energy Actions 2011 Update. colorado Energy Efficiency Building Energy Codes Utility Demand-Side-Management Energy Savings Targets/Energy Efficiency Resource Standards Residential: 2003 IECC, required in jurisdictions with a building code

More information

Education & Training Plan Renewable Energy Specialist Online

Education & Training Plan Renewable Energy Specialist Online Education & Training Plan Renewable Energy Specialist Online MyCAA Information Tuition: $3600 (1 exam included for LEED) MyCAA Course Code: LIT-RES3 Course Contact Hours: 365 Hours Program Duration: 6

More information

AN ACT RELATING TO UTILITIES; ALLOWING RENEWABLE ENERGY CERTIFICATES TO BE ISSUED FOR THE USE OF THERMAL ENERGY PRODUCED BY

AN ACT RELATING TO UTILITIES; ALLOWING RENEWABLE ENERGY CERTIFICATES TO BE ISSUED FOR THE USE OF THERMAL ENERGY PRODUCED BY AN ACT RELATING TO UTILITIES; ALLOWING RENEWABLE ENERGY CERTIFICATES TO BE ISSUED FOR THE USE OF THERMAL ENERGY PRODUCED BY GEOTHERMAL ENERGY SOURCES; SETTING STANDARDS FOR MEASUREMENT OF THERMAL ENERGY

More information

SOUTHEAST ENERGY EFFICIENCY ALLIANCE. Clean Energy Greenville, SC May 29, 2009

SOUTHEAST ENERGY EFFICIENCY ALLIANCE. Clean Energy Greenville, SC May 29, 2009 SOUTHEAST ENERGY EFFICIENCY ALLIANCE Clean Energy Greenville, SC May 29, 2009 Who is SEEA? The Southeast Energy Efficiency Alliance builds regional partnerships to promote and achieve energy efficiency

More information

Connecticut Energy Advisory Board - Renewable Energy Working Session. Connecticut Clean Energy Fund Perspective

Connecticut Energy Advisory Board - Renewable Energy Working Session. Connecticut Clean Energy Fund Perspective Connecticut Energy Advisory Board - Renewable Energy Working Session Connecticut Clean Energy Fund Perspective Paul R. Michaud Managing Counsel & Director of Regulatory Policy November 5, 2009 Road Map

More information

Prepared for Members and Committees of Congress

Prepared for Members and Committees of Congress Prepared for Members and Committees of Congress The following list of authoritative resources is designed to assist in responding to a broad range of constituent questions and concerns about renewable

More information

Empowering Local Clean Energy Action FEDERAL POLICY AGENDA FOR 2011

Empowering Local Clean Energy Action FEDERAL POLICY AGENDA FOR 2011 Empowering Local Clean Energy Action FEDERAL POLICY AGENDA FOR 2011 L ocal government leadership is essential for America to achieve energy independence, renew economic prosperity and protect the environment.

More information

IRS and Treasury Release Notice on New Energy Credits Regulations October 2, 2015

IRS and Treasury Release Notice on New Energy Credits Regulations October 2, 2015 Washington National Tax EXTERNAL ALERT IRS and Treasury Release Notice on New Energy Credits Regulations October 2, 2015 Introduction On October 2, 2015, the U.S. Department of the Treasury ( Treasury

More information

OP 9: Clean and Renewable Energy

OP 9: Clean and Renewable Energy OP 9: Clean and Renewable Energy 4 points available A. Credit Rationale This credit recognizes institutions that support the development and use of energy from clean and renewable sources. B. Criteria

More information

Federal Tax Credits and Incentives for Renewable Energy Investments*

Federal Tax Credits and Incentives for Renewable Energy Investments* Federal Tax Credits and Incentives for Renewable Energy Investments* By Jonathan B. Wilson** The Energy Policy Act of 2005 1 created a series of tax credits and other policy changes aimed at encouraging

More information

Commercial Property Assessed Clean Energy (PACE) Primer

Commercial Property Assessed Clean Energy (PACE) Primer Commercial Property Assessed Clean Energy (PACE) Primer Overview Commercial PACE Commercial PACE programs may be used by local governments to finance energy efficiency and renewable energy improvements.

More information

Sales and Use Tax Exclusion for CA Manufacturers and other financing programs

Sales and Use Tax Exclusion for CA Manufacturers and other financing programs Sales and Use Tax Exclusion for CA Manufacturers and other financing programs California Alternative Energy & Advanced Transportation Financing Authority CAEATFA State Treasurer s Office 915 Capitol Mall,

More information

CHP & ENVIRONMENTAL COMMODITIES: MARKET & POLICY UPDATE FOR MONETIZING RENEWABLE ENERGY CREDITS FROM CHP PROJECTS. Thomas Jacobsen October 2012

CHP & ENVIRONMENTAL COMMODITIES: MARKET & POLICY UPDATE FOR MONETIZING RENEWABLE ENERGY CREDITS FROM CHP PROJECTS. Thomas Jacobsen October 2012 CHP & ENVIRONMENTAL COMMODITIES: MARKET & POLICY UPDATE FOR MONETIZING RENEWABLE ENERGY CREDITS FROM CHP PROJECTS Thomas Jacobsen October 2012 ELEMENT MARKETS US Emissions House of the Year Launched in

More information

Net Zero Energy/Water CASH Annual Conference

Net Zero Energy/Water CASH Annual Conference Net Zero Energy/Water CASH Annual Conference Sacramento, CA February 24, 2015 1 ENERGY EFFICIENCY REGULATIONS Title 24, Part 6, CA Energy Efficiency Standards Applies to all construction at public schools

More information

Home Energy Loan Program (HELP) Frequently Asked Questions

Home Energy Loan Program (HELP) Frequently Asked Questions April 15, 2015 Home Energy Loan Program (HELP) Frequently Asked Questions Q1. What is the Home Energy Loan Program (HELP)? HELP is a pilot program of the City of Toronto that provides low interest loans

More information

North Carolina Renewable Energy Market Performance and Policy

North Carolina Renewable Energy Market Performance and Policy North Carolina Renewable Energy Market Performance and Policy Ivan Urlaub Executive Director NC Sustainable Energy Association 2013 NC Sustainable Energy Conference April 16, 2013 Raleigh, NC Registered

More information

TAX RELIEF INCLUDED IN THE AMERICAN RECOVERY AND REINVESTMENT PLAN

TAX RELIEF INCLUDED IN THE AMERICAN RECOVERY AND REINVESTMENT PLAN TAX RELIEF INCLUDED IN THE AMERICAN RECOVERY AND REINVESTMENT PLAN Summary: The tax provisions included in The American Recovery and Reinvestment Plan will provide $275 billion of tax relief for individuals,

More information

Clean Energy Opportunities for Small Businesses. Federal Incentives to Encourage Energy Efficiency and Save Businesses Money

Clean Energy Opportunities for Small Businesses. Federal Incentives to Encourage Energy Efficiency and Save Businesses Money Clean Energy Opportunities for Small Businesses Federal Incentives to Encourage Energy Efficiency and Save Businesses Money ABOUT SMALL BUSINESS MAJORITY Small Business Majority is a national small business

More information

April 30, 2014. Connecticut Microgrid Program Overview

April 30, 2014. Connecticut Microgrid Program Overview April 30, 2014 Connecticut Microgrid Program Overview Agenda What is the Connecticut Microgrid Program? CEFIA Overview Financing Challenge for Microgrids Financing Options and Tools Department of Energy

More information

PG&E and Renewable Energy. Chuck Hornbrook Senior Manager Solar and Customer Generation

PG&E and Renewable Energy. Chuck Hornbrook Senior Manager Solar and Customer Generation PG&E and Renewable Energy Chuck Hornbrook Senior Manager Solar and Customer Generation PG&E and our Business What we do: Deliver safe, reliable, and environmentally responsible gas and electricity to approximately

More information

A Study of Increased Use of Renewable Energy Resources in Virginia

A Study of Increased Use of Renewable Energy Resources in Virginia A Study of Increased Use of Renewable Energy Resources in Virginia Prepared for The Virginia Commission on Electrical Utility Restructuring, January 6, 2006 The Virginia Center for Coal and Energy Research

More information

ENERGY EFFICIENCY AND RENEWABLE ENERGY TAX INCENTIVES FEDERAL AND STATE ENERGY TAX PROGRAMS JEROME L. GARCIANO

ENERGY EFFICIENCY AND RENEWABLE ENERGY TAX INCENTIVES FEDERAL AND STATE ENERGY TAX PROGRAMS JEROME L. GARCIANO ENERGY EFFICIENCY AND RENEWABLE ENERGY TAX INCENTIVES FEDERAL AND STATE ENERGY TAX PROGRAMS JEROME L. GARCIANO JULY 2013 Renewable Energy and Green Building Tax Incentives Federal and State Energy Tax

More information

Financing Solar Energy for Affordable Housing Projects. May 2009

Financing Solar Energy for Affordable Housing Projects. May 2009 Financing Solar Energy for Affordable Housing Projects May 2009 Overview Photovoltaic Systems. Installations of photovoltaic systems on the customer side (as opposed to the utility side) of the meter have

More information

TOWN OF HARPSWELL PROPERTY ASSESSED CLEAN ENERGY (PACE) ORDINANCE Enacted November 2, 2010

TOWN OF HARPSWELL PROPERTY ASSESSED CLEAN ENERGY (PACE) ORDINANCE Enacted November 2, 2010 PREAMBLE TOWN OF HARPSWELL PROPERTY ASSESSED CLEAN ENERGY (PACE) ORDINANCE Enacted November 2, 2010 WHEREAS, the 124 th Maine Legislature has enacted Public Law 2009, Chapter 591, An Act to Increase the

More information

Treasury Grants for Energy Property in Lieu of Tax Credits

Treasury Grants for Energy Property in Lieu of Tax Credits Treasury Grants for Energy Property in Lieu of Tax Credits Jeffrey Davis Partner +1 202 263 3390 jeffrey.davis@mayerbrown.com August 11, 2009 Mayer Brown is a global legal services organization comprising

More information

Oregon Renewable. Energy. Resources. Inside this Brief. Background Brief on. Overview of Renewable Energy. Renewable Portfolio Standard

Oregon Renewable. Energy. Resources. Inside this Brief. Background Brief on. Overview of Renewable Energy. Renewable Portfolio Standard Background Brief on September 2014 Inside this Brief Overview of Renewable Energy Renewable Portfolio Standard Energy Facility Siting Renewable Energy Legislation Staff and Agency Contacts State Capitol

More information

The Solar Market in New Jersey. Anne Hoskins Senior Vice President, Public Affairs and Sustainability PSEG

The Solar Market in New Jersey. Anne Hoskins Senior Vice President, Public Affairs and Sustainability PSEG The Solar Market in New Jersey Anne Hoskins Senior Vice President, Public Affairs and Sustainability PSEG New Jersey s Renewable Portfolio Standard Electric Discount and Energy Competition Act 1999 Established

More information

Clean State Energy Actions 2011 Update. maryland

Clean State Energy Actions 2011 Update. maryland Energy Efficiency Appliance/Equipment Efficiency Standards Building Energy Codes Utility Demand-Side-Management Utility Rate Realignment Energy Savings Targets/Energy Efficiency Resource Standards Minimum

More information

CRS Report Summaries WORKING DRAFT

CRS Report Summaries WORKING DRAFT CRS Report Summaries R40147 Green Buildings This is a definition and analysis of the cost and benefits of green buildings. It also cites agencies and laws that encourage the building of environmentally

More information

Articles. Thomas Popplewell and Will Becker April 17, 2013. ***Update effective May 13, 2013***

Articles. Thomas Popplewell and Will Becker April 17, 2013. ***Update effective May 13, 2013*** IRS Provides Guidelines as to Beginning of Construction for Purposes of the Renewable Electricity Production Tax Credit and Energy Investment Tax Credit Thomas Popplewell and Will Becker April 17, 2013

More information

USDA Loans, Loan Guarantees, and Grants for Rural Energy Projects

USDA Loans, Loan Guarantees, and Grants for Rural Energy Projects August 20, 2009 USDA Loans, Loan Guarantees, and Grants for Rural Energy Projects Opportunities for Renewable Energy Companies and Suppliers The U.S. Department of Agriculture ( USDA ) has established

More information

Property Assessed Clean Energy (PACE) Financing

Property Assessed Clean Energy (PACE) Financing Property Assessed Clean Energy (PACE) Financing New Economic Development & Infrastructure Financing Tool of the Future Midwest Energy Solutions Conference Panel: How Can Urban Locations Find New Energy

More information

H1 2014 LEVELISED COST OF ELECTRICITY - PV

H1 2014 LEVELISED COST OF ELECTRICITY - PV H1 2014 LEVELISED COST OF ELECTRICITY - PV JENNY CHASE 4 FEBRUARY 2014 LCOE OF PV, FEBRUARY 2014 1 PV EXPERIENCE CURVE, 1976-2013 (2013 $/W) 100 Cost per W (2013 $) 1976 10 1985 2003 2006 1 2012 2013 Q3

More information

Renewable Energy and Energy Efficiency Incentives: A Summary of Federal Programs

Renewable Energy and Energy Efficiency Incentives: A Summary of Federal Programs Renewable Energy and Energy Efficiency Incentives: A Summary of Federal Programs Lynn J. Cunningham Information Research Specialist Beth Cook Information Research Specialist July 29, 2015 Congressional

More information

How to Earn the LEED Green Power Credit

How to Earn the LEED Green Power Credit 3D EG REES WH ITE PAPER How to Earn the LEED Green Power Credit Using on-site and off-site renewable energy to mitigate the impact of greenhouse gas emissions associated with a LEED project s energy use

More information

EXECUTIVE SUMMARY WASHINGTON & AROOSTOOK COUNTIES

EXECUTIVE SUMMARY WASHINGTON & AROOSTOOK COUNTIES Introduction Renewable Energy has been an area of focus for the Mobilize Maine asset-based planning process in northern Maine since 2010 (http://www.gro-wa.org/aroostookrenewable-energy-analysis) and recent

More information

GAO RENEWABLE ENERGY. Federal Agencies Implement Hundreds of Initiatives

GAO RENEWABLE ENERGY. Federal Agencies Implement Hundreds of Initiatives GAO United States Government Accountability Office Report to the Committee on Homeland Security and Governmental Affairs, U.S. Senate February 2012 RENEWABLE ENERGY Federal Agencies Implement Hundreds

More information

Discover and Prosper Energy Webinar Series: Tax Credits to Help Make Your Michigan Small Business Energy Efficient

Discover and Prosper Energy Webinar Series: Tax Credits to Help Make Your Michigan Small Business Energy Efficient Discover and Prosper Energy Webinar Series: Tax Credits to Help Make Your Michigan Small Business Energy Efficient Mary Huttlinger Small Business Majority Small Business Majority Small Business Advocacy

More information

Directory of Energy Efficiency and Alternative Energy Programs in Canada

Directory of Energy Efficiency and Alternative Energy Programs in Canada Canadian Council of Ministers of the Environment Directory of Energy Efficiency and Alternative Energy Programs in Canada Canada-wide Standards for Particulate Matter and Ozone May, 2004 Disclaimer This

More information

Key Barriers under Local Government Jurisdiction:

Key Barriers under Local Government Jurisdiction: Key Barriers under Local Government Jurisdiction: Permitting Streamline solar permitting, train code officials Solar Access Strengthen solar access and solar rights ordinances Infrastructure Planning and

More information

Environmental Science 101 Energy. Web-Based Course. Lecture Outline: Terms You Should Know: Learning Objectives: Reading Assignment:

Environmental Science 101 Energy. Web-Based Course. Lecture Outline: Terms You Should Know: Learning Objectives: Reading Assignment: Environmental Science 101 Energy 1 Web-Based Course Lecture Outline: 5. RENEWABLE ENERGY RESOURCES MODULE 5.1 Improving Energy Efficiency A. Improving Energy Efficiency MODULE 5.2 Geothermal, Hydro and

More information

RENEWABLE ENERGY STANDARDS AND

RENEWABLE ENERGY STANDARDS AND RENEWABLE ENERGY STANDARDS AND LEGISLATIVE PATHS TO IMPLEMENTATION Robert S. Kenney, Commissioner Missouri Public Service Commission P.O. Box 360 Jefferson City, MO 65102 (573) 751-4132 robert.kenney@psc.mo.gov

More information

State Assistance for Green Manufacturing and Industries

State Assistance for Green Manufacturing and Industries State Assistance for Green Manufacturing and Industries Green California Summit April 27, 2012 OVERVIEW There are a number of state agencies that provide financing opportunities for green businesses in

More information

Jan McFarland Executive Director CA Alternative Energy and Advanced Transportation Financing Authority

Jan McFarland Executive Director CA Alternative Energy and Advanced Transportation Financing Authority Jan McFarland Executive Director CA Alternative Energy and Advanced Transportation Financing Authority Tim Seufert Managing Director NBS Solar Energy An idea whose time has [finally] come? Hurricane Katrina

More information

ENERGY EFFICIENCY AND RENEWABLE ENERGY TAX INCENTIVES FEDERAL AND S TATE ENERGY T AX PROGRAMS J EROME L. G ARCIANO

ENERGY EFFICIENCY AND RENEWABLE ENERGY TAX INCENTIVES FEDERAL AND S TATE ENERGY T AX PROGRAMS J EROME L. G ARCIANO ENERGY EFFICIENCY AND RENEWABLE ENERGY TAX INCENTIVES FEDERAL AND S TATE ENERGY T AX PROGRAMS J EROME L. G ARCIANO J ANUARY 2014 Renewable Energy and Green Building Tax Incentives Federal and State Energy

More information

Oregon s s Renewable Energy Action Plan and Renewable Energy Working Group. Renewable Energy Working Group

Oregon s s Renewable Energy Action Plan and Renewable Energy Working Group. Renewable Energy Working Group Oregon s s Renewable Energy Action Plan and Renewable Energy Working Group Mike McArthur, Co-Chair Chair Renewable Energy Working Group February 12, 2009 Oregon s s Renewable Energy Working Group (REWG)

More information

RENEWABLE ENERGY RESOURCES PROGRAM REPORT

RENEWABLE ENERGY RESOURCES PROGRAM REPORT RENEWABLE ENERGY RESOURCES PROGRAM REPORT January through December 2008 Illinois Department of Commerce and Economic Opportunity Bureau of Energy and Recycling Renewable Energy Resources Program 620 East

More information

1. Nuclear - In YOUR OWN WORDS (not your partner s words) explain how this energy source works.

1. Nuclear - In YOUR OWN WORDS (not your partner s words) explain how this energy source works. ENERGY RESOURCES ACTIVITY Integrated Science 4 Name: Date: Period: Directions: In groups, you will be going from station to station answering questions about differing energy resource. Each individual

More information

Energy Strategic Plan Los Angeles Community College District Community College League Conference

Energy Strategic Plan Los Angeles Community College District Community College League Conference Energy Strategic Plan Los Angeles Community College District Community College League Conference Larry Eisenberg Executive Director, Facilities Planning and Development November 16,2006 West Los Angeles

More information

Renewable Energy Sources (RES) Support Levels, 2009

Renewable Energy Sources (RES) Support Levels, 2009 Austria Hydropower Green electricity act Feed-in tariff (incentive only) 3.25 644,000 5.05 Wind (onshore) Green electricity act Feed-in tariff (incentive only) 59.46 1,915,000 31.05 Biomass Green electricity

More information

Clean Renewable Energy Bonds & Qualified Energy Conservation Bonds: Opportunities and Challenges

Clean Renewable Energy Bonds & Qualified Energy Conservation Bonds: Opportunities and Challenges Clean Renewable Energy Bonds & Qualified Energy Conservation Bonds: Opportunities and Challenges Clean Energy States Alliance Webinar March 26, 2010 Geoffrey R. Culm, Banc of America Public Capital Corp

More information

Renewable energy opportunities in the transformation of the energy system

Renewable energy opportunities in the transformation of the energy system Renewable energy opportunities in the transformation of the energy system Dipl.Ing. Josef Plank, R 20 Vienna 2014 10 09 President of Renewable Energy Austria (EEÖ) Managing Director of RENERGIE GmbH Energy

More information

Solar energy policies and opportunities for poultry growers: A review of the Delmarva region as compared to Arkansas, Oklahoma and Missouri

Solar energy policies and opportunities for poultry growers: A review of the Delmarva region as compared to Arkansas, Oklahoma and Missouri Solar energy policies and opportunities for poultry growers: A review of the Delmarva region as compared to Arkansas, Oklahoma and Missouri University of Arkansas Division of Agriculture Public Policy

More information

Federal Tax Credits for Energy Efficiency

Federal Tax Credits for Energy Efficiency Page 1 of 5 Federal Tax Credits for Energy Efficiency UPDATED July 14, 2009 Quick link to this page: energystar.gov/taxcredits Federal Tax Credits for Energy Efficiency includes: Tax Credits for Consumers

More information

Renewable Energy Technology

Renewable Energy Technology Renewable Energy Technology INDIVIDUAL PROGRAM INFORMATION 2015 2016 866.Macomb1 (866.622.6621) www.macomb.edu Renewable Energy Technology PROGRAM OPTIONS CREDENTIAL TITLE CREDIT HOURS REQUIRED NOTES Certificate

More information

Financing Solar Energy Projects: The Role of Local Government

Financing Solar Energy Projects: The Role of Local Government Financing Solar Energy Projects: The Role of Local Government Jason Coughlin National League of Cities December 2, 2010 Denver, Colorado NREL is a national laboratory of the U.S. Department of Energy,

More information

TOWN OF JAY PROPERTY ASSESSED CLEAN ENERGY (PACE) ORDINANCE

TOWN OF JAY PROPERTY ASSESSED CLEAN ENERGY (PACE) ORDINANCE TOWN OF JAY PROPERTY ASSESSED CLEAN ENERGY (PACE) ORDINANCE A TRUE COPY ATTEST CERTIFIED BY: Ronda L. Palmer, Town Clerk ENACTED: June 12, 2012 Attest: A true copy of a proposed ordinance entitled: Town

More information

Client Alert. GEORGIA AND FEDERAL ENERGY TAX CREDITS AND GRANTS June 2009

Client Alert. GEORGIA AND FEDERAL ENERGY TAX CREDITS AND GRANTS June 2009 Contact Attorneys Regarding This Matter: Mark A. Gould, Jr. 404.873.8782 - direct 404.873.8783 - fax mark.gould@agg.com John L. Gornall, Jr. 404.873.8650 - direct 404.873.8651 - fax john.gornall@agg.com

More information

CLEAN TECHNOLOGY. Chapter 17. Janet F. Jacobs 1 17.1 INTRODUCTION

CLEAN TECHNOLOGY. Chapter 17. Janet F. Jacobs 1 17.1 INTRODUCTION Chapter 17 CLEAN TECHNOLOGY Janet F. Jacobs 1 17.1 INTRODUCTION Washington State has established itself as one of the best places in the United States to do business because of its energetic and pioneering

More information

New York Green Bank: Overview and Example Partnerships

New York Green Bank: Overview and Example Partnerships New York Green Bank: Overview and Example Partnerships Jessica Lynn Aldridge, Senior Associate (jessica.aldridge@greenbank.ny.gov) 1 New York Solar Summit, City University of New York June 3, 2014 Overview

More information

Solar Panel Property Tax Abatement Property Tax Abatement for PV Equipment Expenditures Amount: Amount: Maximum

Solar Panel Property Tax Abatement Property Tax Abatement for PV Equipment Expenditures Amount: Amount: Maximum Solar Panel Property Tax Abatement Allows NYC building owners to deduct solar electric generating systems from property tax. Amount: Systems placed between August 8, 2008 and December 31, 2010 are eligible

More information

Frequently Asked Questions PG&E s Power Purchase Agreement for Small Renewable Generation Feed-in Tariffs

Frequently Asked Questions PG&E s Power Purchase Agreement for Small Renewable Generation Feed-in Tariffs Frequently Asked Questions PG&E s Power Purchase Agreement for Small Renewable Generation Feed-in Tariffs What is the small renewable generation power purchase agreement? Effective February 20, 2008, PG&E

More information

Market Conditions Impacting LFGE Project Development

Market Conditions Impacting LFGE Project Development Market Conditions Impacting LFGE Project Development SWANA Quad State Conference Virginia Beach, VA Brent L. Dieleman Project Professional SCS Engineers July 28, 2011 Discussion Points Incentives Private

More information