Local Option - Property-Assessed Clean Energy Financing

Program Local Option - Property-Assessed Clean Energy Financing
Category Financial Incentive
Implementing sector State
Last Update
State Nebraska
Technologies Solar - Passive, Solar Water Heat, Solar Space Heat, Solar Thermal Electric, Solar Thermal Process Heat, Solar Photovoltaics, Daylighting, Solar Pool Heating
Sectors Residential

The Property Assessed Clean Energy Act was signed on April 13, 2016. This law allows municipalities to create clean energy assessment districts. Municipalities that create such districts may enter into contracts with qualifying property owners and (if participating) third-party financiers to provide financing for energy efficiency and renewable energy projects on the qualifying property. The projects are paid back through assessments on the owner's property taxes.

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