United States
                  Environmental Protection
                  Agency
vvEPA
State Incentives for Achieving Clean and Renewable
Energy  Development  on Contaminated  Lands
The development of clean and renewable energy on formerly used land offers many economic and environmental benefits. Combining clean and renewable energy and
contaminated land cleanup incentives can allow investors and communities to create economically viable clean and renewable energy redevelopment projects. This
document provides information about incentives in your state that can be leveraged for clean and renewable energy and development of contaminated land.
                     Incentives for Clean and Renewable  Energy
Funding (grants, loans, bonds, etc.)
Business Expansion Initiative (BEI)
www.masstech.org/renewableenergy/BEI/index.html
Provides loans of $500,000 to $3,000,000 per company, up to 50% of
capital expenses and related spending over 24 months, to support
renewable energy companies entering or expanding within the
manufacturing stage of commercial development.

Sustainable Energy Economic Development (SEED) Initiative
www.masstech.org/SEED
Provides up to $500,000 as a convertible loan on a competitive basis to
support renewable energy companies based in Massachusetts.

Renewable Energy Certificate Incentive
www.massenergy.com/Solar.REC.Sale.html
Purchases renewable energy certificates (also known as green tags) at a
rate of $30 per MWh (or $0.03 per kWh) from PV systems for three years.

Clean Energy Pre-development Financing Initiative
www.masstech.org/renewableenergy/predevelop.htm
Provides unsecured loans up to $250,000 per wind and biomass project,
and up to $150,000 for other renewable energy projects, for pre-
development activities for grid-connected electric generating facilities.

Large Onsite Renewables Initiative (LORI) Grants
www.masstech.org/renewableenergy/large_renewables.htm
Provides feasibility grants, up to $40,000 with a cost share of 15%; design
grants up to the lesser of $125,000 or 75% of actual costs; and
construction grants up to the lesser of $275,000 or 75% of actual costs.

Commonwealth Solar
n/n/n/./77asstec/?.org/so/ar
Provides rebates for the installation of PV projects at residential,
commercial, industrial, and public facilities. Non-residential projects are
eligible for rebates for PV projects up to 500 kW.

Massachusetts Green Energy Fund
www.masstech.org/renewableenergy/mgef.htm
Invests equity venture capital in Massachusetts-based renewable energy
companies, using the $15 million Green Energy Fund.

Tax Incentives  (abatements, deductions, credits, etc.)
Renewable Energy Property Tax Exemption
www.mass.gov/Ador/docs/dls/publ/igr/1984/84-209.PDF
Provides a property tax exemption for 20  years from the date of installation
for solar and wind powered devices that supply the property's energy
needs.
                                                                Excise Tax Exemption for Solar or Wind Powered Systems
                                                                www.state.ma.us/doer/programs/renew/renew.htmtttaxcred
                                                                Provides a 100% tax exemption from the tangible property measure of the
                                                                state's corporate excise tax, to qualifying solar and wind energy systems,
                                                                for the length of the system's depreciation period.

                                                                Net Metering	
                                                                www.state.ma.us/dpu
                                                                Offers net metering by the state's investor-owned utilities. Municipal utilities
                                                                may offer net metering voluntarily. Establishes three categories of net-
                                                                metering facilities:  "Class I" are systems up to 60  kW in capacity; "Class II"
                                                                are systems greater than 60 kW and up to 1 MW in capacity that generate
                                                                electricity from agricultural products, solar or wind energy; and "Class III"
                                                                are systems greater than 1 MW and up to 2 MW in capacity that generate
                                                                electricity from agricultural products, solar or wind energy.
                                                                                          Quick Facts
                                                                  Public Benefit Fund (PBF)                       Yes 0 No D
                                                                  Renewable Portfolio Standard                   Yes 0 No D
                                                                       4% by 2009 (plus 1 % each year alter 2009)
                                                                  Net Metering                                   Yes 0 No D
                                                                  Interconnection Standards                      Yes 0 No D

                                                                              Electric Power Industry Generation by
                                                                                Primary Energy Source (EIA, 2006)
                                                                     Petroleum-Fired     5.2%   Nuclear            12.8%
                                                                     Natural Gas-Fired   51.0%   Hydroelectric        3.3%
                                                                     Coal-Fired          24.4%   Other Renewables   2.8%
                                                                                       Points of Contact
                                                                  Massachusetts Technology Collaborative, www.masstech.org
                                                                  BEI, Ian Springsteel, BEI@masstech.org, (508) 870-0312 Ext. 255
                                                                  SEED Initiative, Sissi Liu, SEED@masstech.org, (508) 870-0312 Ext. 226
                                                                  Clean Energy Pre-development Financing Initiative
                                                                  Amy Barad, barad@masstech.org, (508) 870-0312 Ext. 285
                                                                  LORI Grants, Tyler Leeds, leeds@masstech.org, (508) 870-0312 Ext. 1273
                                                                  Commonwealth Solar, cs@masstech.org, (508) 439-5700
                                                                  Renewable Energy Certificate Incentive
                                                                  Mass Energy Consumers Alliance
                                                                  Kelly Muellman, kelly@massenergy.com, (617) 524-3950
                                                                  Massachusetts Green Energy Fund, LP, (617) 739-1155
                                                                  Massachusetts Department of Revenue, www.dor.sfafe.ma.us
                                                                  Renewable Energy Property Tax Exemption, Excise Tax Exemption for Solar
                                                                   or Wind Powered Systems, (800) 392-6089
                                                                  Net Metering, Massachusetts Department of Public Utilities
                                                                  Barry Perlmutter, barry.perlmutter@state.ma.us, (617) 305-3659
Information current as of November 2008; please refer to www.dsireusa.org and the state Web sites
provided, or contact the points of contact identified above for more up to date information
                                                                           Massachusetts Incentives for Clean and Renewable Energy - Page '

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                    Incentives  for Development of Contaminated  Land
   Funding (grants, loans, bonds, etc.)
Limitations on Liability
   Brownfields Redevelopment Fund (BRF)
   www.massdevelopment. com/financing/lg_brownfields. aspx
   Provides interest-free financing of up to $100,000 per project for
   environmental site assessments in economically distressed areas. Also
   offers low-interest financing of up to $500,000 for cleanup. Terms are
   flexible and determined on a case-by-case basis. The borrower or project
   sponsor must be an "eligible person," as defined by statute, with site
   control or evidence of the right to enter the site for purposes of conducting
   environmental testing.

   MassBusiness Remediation Loan Program
   www.mass-business.com/site/site-massbiz/content/remediation-loan-
   program/
   Offers loans from $500,000 to $2 million to finance cleanup costs,
   regulatory compliance costs, site preparation and entitlement, demolition,
   construction, mortgage financing, and other costs. Flexible terms are
   custom-designed to meet the unique requirements of each individual
   project. As needed,  "Interest Reserves" can often be built into the loan to
   eliminate out-of-pocket loan servicing costs during the term of a project.

   Massachusetts Opportunity Relocation and Expansion (MORE)
   Jobs Capital Program
   www.mass.gov/?pagelD=ehedterminal&L=4&LO=Home&L1=Start%2c+Gro
   w+%>6+Relocate+Your+Business&L2=Financing+%>6+Funding&L3=lnfra
   structure+Financing&sid=Ehed&b=terminalcontent&f=mobd_fin_fund_more
   _info&csid=Ehed
   Offers competitive grants to municipalities that partner with private
   developers to improve infrastructure for projects that create jobs. Although
   site assessments cannot be funded through MORE, site remediation and
   preparation work that is tied to infrastructure improvements is eligible for
   funding. Individual grant amounts will vary with each awarded project.

   Tax Incentives (abatements, credits, etc.)	
   Brownfields Tax  Credit for Remediation
   www.mass.gov/dep/cleanup/brtxinc.htm
   Provides a tax credit of 25% (with reuse restrictions) or 50% (without reuse
   restrictions) for eligible persons who complete projects in Economically
   Distressed Areas (EDAs). Several conditions apply for property eligibility.

   Economic Development Incentive Program (EDIP)
   www.mass.gov/dep/cleanup/brtxinc.htm
   Provides tax relief financing up to a 5% investment tax credit, 10%
   abandoned building tax deduction, and local real estate tax incentives such
   as Tax Increment Financing (TIF) or Special Tax Assessment (STA).
   Eligible projects must be considered revenue generating and located in an
   Economic Target Area (ETA).

   Technical Assistance and Other Incentives	
   Brownfields Redevelopment Access to Capital (BRAC)
   www.mass.gov/dep/cleanup/bfins.htm
   Provides state subsidized, volume discounted environmental insurance up
   to 50% of the eligible premium, up to a maximum of $50,000, to promote
   the environmental cleanup and redevelopment of brownfields. The subsidy
   is provided through a private insurer and administered by MassBusiness.
   Pollution legal liability and cleanup cost cap coverage is also available.
Massachusetts Brownfields Act
www.mass.gov/dep/cleanup/bfhdout2.htm
Provides liability protection for several types of parties involved in
brownfields projects, including: owners/operators, down gradient property
owners, tenants, Redevelopment Authorities, Community Development
Corporations, and secured lenders. The Brownfields Covenant Not to Sue
(CNTS) Program provides liability protection for more complicated projects.
                            Quick Facts
  Limitations on Liability
Yes 0 No D

       35,927
  Number of State-Tracked Contaminated Properties:
  Includes the number of release notifications

  Number of EPA CERCLIS Sites:                           405
  Sites identified for potential investigation under the federal Superfund Program

  Number of EPA Brownfields Properties:                    777
  Properties being funded or addressed under the EPA Brownfields Program
  There may be some overlap among the categories listed and sites listed may not
  represent all potentially contaminated sites in Massachusetts.
                         Points of Contact
  BRF, Mass Development
  (800) 445-8030
  MassBusiness Remediation Loan Program
  Tom Barry, tbary@mass-business.com, (781) 928-1100 Ext. 106
  MORE Jobs Capital Program
  Executive Office of Economic Development (EOED)
  Nayenday Thurman, Nayenday.thurman@state.ma.us, (617) 788-3636
  Brownfields Tax Credit for Remediation
  Department of Environmental Protection (MassDEP)
  Steve McCurdy, Director, (617) 292-5779
  Katherine Finneran, Brownfields Coordinator, (617) 292-5779
  EDIP, Massachusetts Office of Business Development
  Lauren Jones, lauren.jones@state.ma.us, (617) 788-3638
  BRAC, Massachusetts Business Development Corporation
  (781)928-1106
   Information current as of November 2008; please refer to
   www.epa.gov/brownfields/pubs/st_res_prog_report.htm and the state Web sites provided,
   or contact the points of contact identified above for more up to date information.
       Massachusetts Incentives for Development of Contaminated Land - Page 2

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