Category: IRA
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Alternative Fuel Refueling Property Credit
Agency: Department of the Treasury Description: Tax credit for certain fueling equipment for 85% ethanol, natural gas, compressed or liquified natural gas, liquefied petroleum gas or hydrogen; 20% (or more) biodiesel; or electricity. Bill Section: 13404 US Code: 26 USC 30C New or Existing: Existing Potential Cost: $1,700,000,000 Timeline: 2022 – 2032…
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Rural Energy for America Program (REAP)
Agency: Department of Agriculture-Rural Business-Cooperative Service Description: To provide guaranteed loan financing and grant funding to agricultural producers and rural small businesses for renewable energy systems or to make energy efficiency improvements. Agricultural producers may also apply for new energy efficient equipment and new system loans for agricultural production and processing. Bill Section: 22002(a)…
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Rural Energy for America Program (REAP): Underutilized Renewable Energy Technologies
Agency: Department of Agriculture-Rural Business-Cooperative Service Description: To provide guaranteed loan financing and grant funding to agricultural producers and rural small businesses for underutilized renewable energy technologies. Bill Section: 22002(b) US Code: 7 USC 8107 New or Existing: Existing Potential Cost: $303,817,500 Timeline: FY22-31 Other TCS Resources: Inflation Reduction Act: Comments…
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Empowering Rural America (New ERA)
Agency: Department of Agriculture-Rural Utilities Service Description: Loans and other financial assistance for “… the greatest reduction in carbon dioxide, methane, and nitrous oxide emissions associated with rural electric systems through the purchase of renewable energy, renewable energy systems, zero-emission systems, and carbon capture and storage systems, to deploy such systems, or to make…
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Powering Affordable Clean Energy (PACE) program
Agency: Department of Agriculture-Rural Utilities Service Description: To provide partially forgivable loans to renewable-energy developers and electric service providers, including municipals, cooperatives, and investor-owned and Tribal utilities, to help finance large-scale solar, wind, geothermal, biomass, hydropower projects and energy storage in support of renewable energy systems. Projects must be based on bankable power purchase…
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Grants to Facilitate the Siting of Interstate Electricity Transmission Lines
Agency: Department of Energy – Grid Deployment Office Description: For grants to State, local, or Tribal governments to study the impacts of a high-voltage interstate or offshore electricity transmission line; study alternate locations for the project; participate in regulatory proceedings or negotiations; carry out other actions to support the speedy approval of the project;…
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Transmission Facility Financing
Agency: Department of Energy – Grid Deployment Office Description: Loans “for the construction or modification of electric transmission facilities” in the national interest. Bill Section: 50151 US Code: 42 USC 18715 New or Existing: New Potential Cost: $2,030,000,000 Timeline: FY22-30 TCS Notes: To be eligible for a direct loan, a transmission…
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Advanced Technology Vehicles Manufacturing (ATVM) Loan Program
Agency: Department of Energy – Loan Programs Office Description: Credit subsidies to support loans for “reequipping, expanding, or establishing a manufacturing facility… to produce, or for engineering integration… of, advanced technology vehicles” that emit low or zero exhaust greenhouse gas emissions. Bill Section: 50142 US Code: 42 USC 17013 New or Existing: Existing Potential…
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DOE Loan Guarantee Program
Agency: Department of Energy – Loan Programs Office Description: For costs of loan guarantees made under section 1703 of the Energy Policy Act of 2005, including administrative expenses. Up to $40 billion of loan authority available. For projects that (1) avoid, reduce, utilize, or sequester air pollutants or anthropogenic emissions of greenhouse gases; and…
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Energy Infrastructure Reinvestment (EIR)
Agency: Department of Energy – Loan Programs Office Description: Loan guarantees through DOE’s Loan Programs Office via a separate sub-program for projects that retool, repower, repurpose, or replace energy infrastructure that has ceased operations; or enable operating energy infrastructure to avoid, reduce, utilize, or sequester air pollutants or anthropogenic emissions of greenhouse gases. Bill…