Ocean Technologies

USDA Assistance to High Energy Cost Communities

The Rural Utilities Service (RUS), an agency of the United States Department of Agriculture (USDA), announces the availability of up to $10 million in competitive grants to assist communities with extremely high energy costs. The grant funds may be used to acquire, construct, or improve energy generation, transmission, or distribution facilities serving communities where the average annual residential expenditure for home energy exceeds 275% of the national average.

Climate Tech Finance program

The Air District’s Climate Tech Finance program offers subsidized financing for public and private facilities to adopt emerging technologies that reduce greenhouse gas emissions.

Public-sector facilities can apply for loans ranging from $500,000 to $30 million, over up to 30-year terms.

Small businesses can apply for loan guarantees on loans of up to $20 million, with a maximum guarantee of $2.5 million. Projects may be eligible for up to 90 percent guarantees through this program.

Renewable Energy Systems & Energy Efficiency Improvement Loans & Grants

USDA Rural Development is seeking applications for its Rural Energy for America Program. The program provides grants and guaranteed loans to farmers and small businesses to support the installation of renewable energy and energy efficiency improvements. Applicants may apply for grants up to 25% of the total project costs. Energy efficiency grants can range from $1,500 to $250,000 while renewable energy grants range from $2,500 to $500,000. Examples of former projects include, but are not limited to, the installation of:
  • wood pellet boilers
  • solar panels

Renewable Auction Mechanism (RAM)

Note: This program completed its sixth and final mandated auction in 2015. CPUC Decision 14-11-042  allows the utilities to continue using RAM as a mechanism for meeting a portion of their RPS requirements. Future RAM solicitations will be issued at the discretion of the utilities. Some of the parameters put in place by the CPUC will be lifted, but the essence of the RAM program will remain. Namely, utilities will select projects based on lowest price, and selected projects will be granted standard non-negotiable contracts.

Pacific Power - Blue Sky Community Project Funds

Note: Pacific Power is currently accepting applications for 2016 Funding Awards. The deadline for submittal is May 31, 2016 5 PM PT. Pacific Power's Blue Sky program is a voluntary program for customers to support renewable energy. A portion of the voluntary payments through the program is used to fund new community-based renewable energy projects within Pacific Power's service territory.Eligible renewable energy resources include wind, solar PV, geothermal, low-impact hydropower, pipeline or irrigation canal hydropower, wave or tidal energy, and low-emissions biomass.

Sales and Use Tax Exclusion for Advanced Transportation and Alternative Energy Manufacturing Program

SB 71 of 2010 established a sales and use tax exclusion (STE) for eligible projects on property utilized for the design, manufacture, production or assembly of advanced transportation technologies or alternative source (including energy efficiency) products, components, or systems.