Energy Project and Equipment Financing (Virginia)

From Open Energy Information

Summary

Last modified on December 17, 2014.

Financial Incentive Program

Place Virginia


Name Energy Project and Equipment Financing
Incentive Type State Loan Program
Applicable Sector Local Government
Eligible Technologies Custom/Others pending approval, Solar Water Heat, Solar Space Heat, Solar Thermal Electric, Solar Thermal Process Heat, Photovoltaics, Landfill Gas, Wind, Biomass, Geothermal Electric, Geothermal Heat Pumps, Municipal Solid Waste, CHP/Cogeneration, Yes; specific technologies not identified
Active Incentive Yes
Implementing Sector State/Territory
Energy Category Renewable Energy Incentive Programs, Energy Efficiency Incentive Programs
Amount Varies













Terms Varies
Program Administrator Virginia Resource Authority
Website http://www.virginiaresources.org/projectfinancing.shtml


References DSIREDatabase of State Incentives for Renewables and Efficiency[1]


Summary

The Virginia Resources Authority (VRA) was created in 1984 and provides financial assistance to local governments in Virginia for a variety of projects, including energy and energy conservation projects. In March 2011, H.B. 2389 added "renewable energy" to the list of eligible projects (though it may have already been technically eligible under the "energy" category). VRA offers several financing options, including the Virginia Pooled Financing Program, Revolving Loan Funds, and Term Financing. Interested entities should use the contact form available on the VRA web site in order to discuss financing options with VRA staff.

<metadesc> Energy Project and Equipment Financing: energy incentive program. </metadesc>

Incentive Contact

Contact Name Loan Information
Department Virginia Resource Authority
Address 1111 East Main Street
Address 2 Suite 1920
Place Richmond, Virginia
Zip/Postal Code 23219
Phone (804) 644-3100


Email financing@virginiaresources.org
Website http://www.virginiaresources.org/index.shtml



Authorities (Please contact the if there are any file problems.)

Authority 1: Va. Code § 62.1-197 et seq.
Date Enacted 1984 (subsequently amended)


















  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency" Cite error: Invalid <ref> tag; name "DSIRE" defined multiple times with different content