Incentives

US Representative Wants to Extend Tax Credits for Clean Energy

Karen Henry

Rep. Mike Thompson (CA-5) has introduced H.R. 2412, the New Energy for America Act, which would extend Section 25D of the federal tax code for residential energy efficient property, as well as the Section 48 commercial investment tax credits (ITC) through 2021. In introducing his legislation, Congressman Thompson, a senior member of the House Ways   …Continue Reading


4 Marijuana Plants Require Huge Amounts of Electricity

Linda Hardesty

A story in the East Oregonian says growing four marijuana plants indoors with lighting, climate control, ventilation and equipment to boost carbon dioxide to improve plant growth “typically uses as much electricity as running 29 new refrigerators, according to one report by a California scientist.” Large grow operations can rival the energy intensity of data centers,   …Continue Reading


Tesla Becoming a Major Player in the Energy Storage Market

Karen Henry

Tesla is quietly but aggressively making inroads into the energy storage market, Bloomberg reports. Tesla accounts for nearly 70 percent of grid-connected Self-Generation Incentive Program (SGIP) storage projects in its home state of California and is on track to receive up to $65 million in SGIP rebates. As part of a pilot program with SolarCity,   …Continue Reading


Corpus Christi Receives Incentive for Energy Efficiency Upgrades

Linda Hardesty

The Corpus Christi City Council received a check for $87,071 from the American Electric Power (AEP) Texas CitySmart Program, which offers financial incentives based on the total amount of energy that improvements save. Corpus Christi worked with McKinstry to implement a number of improvements to city buildings as a part of the Corpus Christi Energy   …Continue Reading


AEP Ohio Offers Incentives for Electric Motor Repairs

Linda Hardesty

AEP Ohio, a unit of American Electric Power, in partnership with Advanced Energy, has launched a new energy efficiency program for electric motor rewinds. The Emotor Rewind Pilot Program promotes energy efficient rewinds/motor repair for small to large companies in the industrial/manufacturing sector and provides incentives to customers and motor service centers. The program covers   …Continue Reading


NYSERDA Broadens Solar Hot Water Program

Karen Henry

The New York State Energy Research and Development Authority (NYSERDA) is broadening its Solar Hot Water Program to include projects that displace hot water produced by heating oil, natural gas, propane and wood. Previously, the program focused on displacement of hot water produced by electricity. The changes are expected to increase the number of households   …Continue Reading


Kettering City Schools Receive $116,618 Energy Efficiency Rebate

Linda Hardesty

The Dayton Power and Light Company (DP&L), a subsidiary of AES Corporation, presented Kettering City Schools in Ohio with an energy efficiency rebate of $116,618 for a project that upgraded lighting in buildings across the district. With guidance from DP&L, Kettering City Schools installed higher energy efficient lighting and occupancy sensors at each building in   …Continue Reading


Program Finances Energy Storage/Solar Combo

Linda Hardesty

ViZn Energy Systems has teamed with LFC Capital to help commercial property owners acquire solar PV systems combined with energy storage. The availability of as much as $5 million per project is expected to accelerate the deployment of ViZn’s Z20 Energy Storage System, a zinc/iron redox flow battery. LFC Capital’s program uses a traditional operating lease   …Continue Reading


President Obama Submits Budget for Energy

Marc Karell

On Feb. 2, President Obama released his fiscal year 2016 budget, including money for his climate change agenda, which includes efforts for the US to reduce its greenhouse gas emissions and to manage adaptation efforts to climate change effects. Items include offering incentives for states to reduce their reliance on coal-fired power; $1.29 billion for   …Continue Reading


Noesis Adds Another $25M of Lending Capacity

Linda Hardesty

Noesis added a fifth lender to its syndicate of capital providers for its lending marketplace, which provides financing for energy-saving commercial building improvements. With the addition of this lender’s $25 million the company can cover the majority of loan scenarios common to commercial real estate, including: Project sizes from $10,000 to $4 million; The full   …Continue Reading