Financial Incentives Available for Facilities that are Affected by the US EPA “National Emission Standards for Hazardous Air Pollutants for Major Sources: Industrial, Commercial, and Institutional Boilers and Process Heaters; Proposed Rule” December 2012 December 2010 Prepared by: ICF International Contact: Bruce Hedman T: (202) 862-2689 E: [email protected] or Anne Hampson T: (202) 862-2982 E: [email protected] Table of Contents Background on Major Source Boiler MACT Regulations ............................................................................. 12 Assumptions/General Guidelines for the Incentives Highlighted ............................................................... 14 Resources for Additional Funding/Incentives Information ......................................................................... 15 Federal Incentives ....................................................................................................................................... 17 Energy-Efficient Commercial Buildings Tax Deduction ....................................................................... 17 Business Energy Investment Tax Credit (ITC) ...................................................................................... 17 Renewable Electricity Production Tax Credit (PTC) ............................................................................ 18 Modified Accelerated Cost-Recovery System (MACRS) + Bonus Depreciation .................................. 19 Alabama ...................................................................................................................................................... 20 AlabamaSAVES Revolving Loan Program ............................................................................................ 20 AlabamaSAVES Revolving Loan Program ............................................................................................ 20 Alaska .......................................................................................................................................................... 21 Alaska Energy Authority (AEA) - Renewable Energy Grant Program .................................................. 21 Arizona ........................................................................................................................................................ 22 SRP - PowerWise Business Solutions Energy Efficiency Rebate Program ........................................... 22 Southwest Gas Corporation, Large Commercial Energy-Efficiency Boiler Program ................................... 23 UniSource Energy Services, Commercial Energy Efficiency Rebate Program (Gas Customers) ......... 23 Energy Equipment Property Tax Exemption ....................................................................................... 24 Renewable Energy Business Tax Incentives ........................................................................................ 24 Southwest Gas Corporation - Combined Heat and Power Program ................................................... 25 Arkansas ...................................................................................................................................................... 26 Page 2 Small Business Revolving Loan Fund ................................................................................................... 26 CenterPoint Energy - Business Gas Heating Rebates .......................................................................... 26 SourceGas - Commercial and Industrial Energy Efficiency Rebate Program ...................................... 27 California ..................................................................................................................................................... 28 Utility – City of Palo Alto Utilities – Commercial Advantage Energy Efficiency Program: City of Palo Alto Utilities ........................................................................................................................................ 28 City of San Francisco - GreenFinanceSF .............................................................................................. 28 Alameda Municipal Power - Commercial New Construction Rebate Program .................................. 29 Anaheim Public Utilities - Commercial & Industrial New Construction Rebate Program ................... 29 PG&E (Gas) - Non-Residential Energy Efficiency Rebates ................................................................... 30 PG&E - Non-Residential Energy Efficiency Rebates (electric) ........................................................... 30 Savings by Design (Offered by five Utilities) ....................................................................................... 31 SDG&E (Gas) - Energy Efficiency Business Rebates ............................................................................ 32 SoCalGas - Custom Non-Residential Energy Efficiency Program ........................................................ 33 SoCalGas - Non-Residential Energy Efficiency Rebate Programs ........................................................ 34 Anaheim Public Utilities, Low-Interest Energy Efficiency Loan Program ............................................ 34 Sonoma County - Energy Independence Program .............................................................................. 35 Colorado ...................................................................................................................................................... 36 Atmos Energy (Gas) - Energy Efficiency Rebate Program ................................................................... 36 Black Hills Energy (Gas) - Commercial Energy Efficiency Program ..................................................... 36 City and County of Denver - Denver Energy Challenge for Businesses............................................... 37 Colorado Natural Gas Co. & Source Gas Co. - Energy Efficiency Rebate Program ............................. 37 Xcel Energy (Gas) - Business Energy Efficiency Rebate Programs ...................................................... 38 Connecticut ................................................................................................................................................. 40 CEFIA - Operational Demonstration Program ..................................................................................... 40 Page 3 Energy Efficiency Fund (Gas) - Commercial and Industrial Energy Efficiency Programs .................... 41 DEEP - Low-Interest Loans for Customer-Side Distributed Resources ............................................... 41 Delaware ..................................................................................................................................................... 43 District of Columbia .................................................................................................................................... 44 Florida ......................................................................................................................................................... 45 Renewable Energy Production Tax Credit........................................................................................... 45 Florida - Solar and CHP Sales Tax Exemption ...................................................................................... 46 Georgia ........................................................................................................................................................ 47 Georgia Cities Foundation - Green Communities Revolving Loan Fund ............................................. 47 Georgia Green Loans Save & Sustain Program ................................................................................... 47 Hawaii ......................................................................................................................................................... 49 Hawaii - Real Property Tax Exemption for Alternative Energy Improvements ................................... 49 Idaho ........................................................................................................................................................... 50 Idaho Falls Power - Commercial Energy Conservation Loan Program ................................................ 50 Questar Gas - Commercial Energy Efficiency Rebate Program ........................................................... 50 Idaho Low-Interest Energy Loan Programs ......................................................................................... 51 Renewable Energy Project Bond Program .......................................................................................... 51 Illinois .......................................................................................................................................................... 53 City of Chicago - Small Business Improvement Fund .......................................................................... 53 ComEd - Small Business Energy Savings Program ............................................................................... 53 Illinois Finance Authority Renewable Energy and Energy Efficiency Project Financing ..................... 54 MidAmerican Energy (Gas) - Commercial EnergyAdvantage Rebate Program .................................. 54 Nicor Gas - Commercial Energy Efficiency Rebates ............................................................................ 55 Citizens Gas - Commercial Efficiency Rebates ...................................................................................