Explore available programs that can be stacked to maximize benefits.
C-PACE
Commercial Property Assessed Clean Energy (C-PACE) offers long-term, non-recourse financing for commercial property owners to fund energy efficiency and renewable upgrades through a voluntary property tax assessment.
Ohio Energy Loan Fund
Ohio Energy Loan Fund (ELF) offers low-interest loans for energy-saving projects with a payback period of less than 15 years.
On-bill Finance
On-bill financing allows for energy savings upgrades to be financed through utility bill payments, offering a cash flow positive solution.
Building Demolition and Site Revitalization Program
Grant offered by the Ohio Department of Development for renovating underutilized sites or buildings in need of revitalization.
Ohio Nonprofit Hospitals & Schools Energy Efficiency Grant
Grant offered by the Ohio Department of Development (ODOD) grant, up to $250,000 towards project cost for public K-12 schools and hospitals meeting disadvantaged, rural, or critically designated facility criteria.
USDA REAP Grant
US Department of Agriculture (USDA) Rural Energy for America Program (REAP) provides grants of 25-50% for project costs for small businesses in rural communities.
Additional local incentives may be available with community leaders and economic development partners.
30% ITC
The base tax credit applies to solar projects under 1MWAC on a cumulative basis.
10% Bonus – Energy Community
Energy community projects can benefit from an extra 10% bonus credit.
10% Bonus Domestic Content
Solar projects using domestic content materials can receive an extra 10% bonus credit.
179D
The 179D tax deduction provides significant savings for businesses implementing energy-efficient improvements to commercial buildings.
Community Reinvestment Area (CRA) Program
The Community Reinvestment Act (CRA) is a program implemented by the State of Ohio and applied at the local level. It offers a 12-15 year direct tax exemption incentive for real property improvements.
Clean Air Improvement Program
Ohio’s Clean Air Improvement Program (CAIP) offers exemptions from sales and use tax on purchases, along with a real property tax exemption on improvement value.
Additional local incentives may be available with community leaders and economic development partners.