United States
                 Environmental Protection
                k Agency
xvEPA
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 redevelopmei
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.)
21st Century Job Fund
www.michiganadvantage.org/Targeted-lnitiatives/21st-Century-Jobs-
Fund/Default.aspx
Provides more than $1 billion for research and commercialization activities
in alternative energy and other high-tech industries. While funding is
currently unavailable, check the Web site for updated information.

21st Century Investment Fund
www.michigan2 Istcenturyinvestmentfund. com/
Fosters the creation and growth of new jobs, new businesses, and new
industries within the state through investments funds, as well as potential
co-investments alongside these funds. Areas of interest include:
"competitive edge technologies" (e.g., alternative energy technology).

Venture Michigan  Fund
www.venturemichigan.com/index2.htm
Provides funding to venture capital fund managers that focus on areas
including alternative energy technology, high-technology, and healthcare.

Small Business Innovative Resources (SBIR)/Small Business
Technology Transfer (STTR) Emerging Business Fund
http://ref.michigan.org/medc/ttc/21stCentury/SBIR_STTR/
While funding is exhausted, future programs are in the development stage.
Updated program information will be posted to the above Web site.

Tax Incentives  (abatements, deductions, credits, etc.)
Renewable Energy Renaissance Zones
http://ref.michigan.org/medc/services/sitedevelopment/renzone/
Provides tax abatement and credits for up to 15 years to renewable energy
facilities located in Renaissance Zones against Michigan Business Tax
(MBT), state education tax, personal and real property taxes, and local
income tax.

Michigan  NextEnergy Authority (MNEA)
http://ref.michigan.org/medc/cm/attach/F815CBED-04EB-4D6D-98CO-
E0634C2536DO/MI%20NextEnergy%20Authority%20Fact%20Sheet.pdf

 MNEA Michigan  Business Tax (MBT) Credit
 Provides a nonrefundable credit against MBT liability for business
 activities and property related to the research, development, and
 manufacturing of alternative energy technologies.

 MNEA General Property Tax Credit
 Provides a 100% personal property tax exemption through 2012 for
 property certified as Alternative Energy Personal Property.

 MNEA Alternative Energy Zone (AEZ) Tax Credits
 Provides Renaissance Zone tax benefits and a refundable payroll credit
 on the SBT to businesses that promote the research, development, and
 manufacturing of Alternative Energy Technologies within the Detroit AEZ.
                                                               Michigan Economic Growth Authority (MEGA) High-Tech Job
                                                               Creation Tax Credits
                                                               www.themedc.org/Boards-Committees/MEGA-Board/Default.aspx
                                                               Provides a refundable tax credit up to 100% of the personal income tax
                                                               generated by new workers, for up to 20 years, against the Michigan
                                                               Business Tax to alternative energy technology businesses.

                                                               Technical  Assistance and Other Incentives	
                                                               http://ref.michigan.org/medc/ttc/Alternative.Energy/Resources.Partners/
                                                               Provides an array of resources and partners to encourage alternative
                                                               energy research and development (see Web site for points of contact).

                                                               Net Metering	
                                                               www.legislature.mi.gov/documents/2007-2008/publicact/htm/2008-PA-
                                                               0295.htm
                                                               Authorizes net metering for renewable energy systems that generate up to
                                                               20 kW of electricity using solar, wind, biomass, geothermal, anaerobic
                                                               digester gas (i.e., animal waste), landfill gas, municipal solid waste, and
                                                               moving water, up to 0.5% of a utility's peak load.
                                                                                        Quick Facts
                                                                 Public Benefit Fund (PBF)
                                                                 Renewable Portfolio Standard
                                                                     10% by 2015
                                                                 Net Metering
                                                                 Interconnection Standards
Yes 0 No D
Yes 0 No D

Yes 0 No D
Yes 0 No D
                                                                             Electric Power Industry Generation by
                                                                              Primary Energy Source (EIA, 2006)
                                                                    Petroleum           0.4%   Nuclear           25.8%
                                                                    Natural Gas         10.0%   Hydroelectric        1.4%
                                                                    Coal               60.2%   Other Renewables   2.2%
                                                                                     Points of Contact
                                                                MEDC, www.themedc.org
                                                                21st Century Job Fund, 21st Century Investment Fund
                                                                Michael Shore, shorem2@michigan.org, (517) 241-2271
                                                                Venture Michigan Fund
                                                                Robert Payne, bob.payne@credit-suisse.com, (248) 619-1868
                                                                SBIR/STTR Emerging Business Fund, SBIRinfo@michigan.org
                                                                Renewable Energy Renaissance Zones
                                                                Sue Carlson, carlsons@michigan.org, (517) 335-0664
                                                                MNEA, Dan Radomski, danr@nextenergy.org, (313) 833-0100 Ext. 150
                                                                MEGA High-Tech Job Creation Tax Credits
                                                                Valerie Hoag, hoagv@michigan.org, (517) 335-1951
                                                                Net Metering, Michigan Public Service Commission
                                                                Julie Baldwin, baldwinj2@michigan.gov, (517) 241-6115
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.
                                                                              Michigan Incentives for Clean and Renewable Energy - Page '

-------
           *Jfea
[	
Incentives for Development of Contaminated Land
  Funding (grants, loans, bonds, etc.)
  Michigan Department of Environmental Quality (DEQ)
  Brownfields Redevelopment Grants and Loans
  www.michigan.gov/deqbrownHelds

   Brownfield Redevelopment Grants
   Provides grants up to $1 million to local units of government and
   brownfields redevelopment authorities to investigate and remediate
   contaminated sites that will be used for identified redevelopment projects.
   Grant funds may be used for the environmental activities necessary for
   the safe reuse of the site.

   Brownfield Redevelopment Loans
   Provides low-interest loans up to $1 million to local units of government
   and brownfields redevelopment authorities to investigate and remediate
   sites of known or suspected environmental contamination. A committed
   development is not required, but the site must have potential economic
   benefit to the community. Current interest rate is 2%, with no payment or
   interest due for the first five years of a 15-year repayment period.

  Tax Incentives (abatements, credits, deductions, etc.)
  Tax Increment Financing (TIP)
  www.michigan.gov/documents/MSHDA_Brownfield_Tax_lncrement_Finan
  cing_166090_7.doc
  Applies increased tax revenues to reimburse eligible response costs. Tax
  increment revenues are generated by investment in, and redevelopment of,
  eligible brownfields property, which includes contaminated, blighted, or
  functionally obsolete property.  Eligible activities are conducted on the
  property as part of the redevelopment project. As the property value
  increases, the captured tax increment revenues are used to reimburse the
  eligible costs. If captured, school taxes will be used to pay for certain
  environmental response activities or  all of the non-environmental activities;
  prior approval of a work plan by the MDEQ/Michigan Economic
  Development is necessary. A Brownfield Redevelopment Authority may
  capture increased local and school property tax revenues on eligible
  property to pay for the costs of the following eligible activities: 1)
  environmental response, demolition,  and lead or asbestos abatement
  statewide, and 2) infrastructure improvements and site preparation in
  qualified local governmental units.

  Brownfield Michigan Business Tax Credit
  www.michiganadvantage. org/reference/fact-sheets/default. aspx
  Provides a tax credit for up to 12.5% of project hard costs (up to a limit of
  $10 million) against the MBT liability  for eligible redevelopment investments
  on property that is identified in a BRA plan as contaminated, or, in a core
  community, as contaminated, blighted, or functionally obsolete.

  Obsolete Property Rehabilitation Act Tax Abatement
  www.michiganadvantage. org/reference/fact-sheets/default. aspx
  Freezes the existing taxable value on a designated facility for up to 12
  years for eligible projects on an obsolete property in approved Obsolete
  Property Rehabilitation Districts.

  Personal Property Tax Relief in Distressed Communities
  www.michiganadvantage. org/reference/fact-sheets/default. aspx
  Allows communities to exempt new personal property from taxes if located
  in a designated area.
                                              Limitations on  Liability
                                              Voluntary Cleanup Program
                                              www.epa.gov/brownHelds/pubs/bf_states_r5.pdf
                                              Provides an exemption from liability for existing contamination upon
                                              completion and submission of a Baseline Environmental Assessment
                                              (BEA) within 45 days of purchase with the Department of Environmental
                                              Quality.
                                                                          Quick Facts
                                                 Limitations on Liability                           Yes 0  No D

                                                 Number of State-Tracked Contaminated Properties:       3,644
                                                 Includes Brownfields-USTfields sites, state-nominated and state-funded cleanup
                                                 sites, and sites that have been redeveloped using the Baseline Environmental
                                                 Assessment process

                                                 Number of EPA CERCLIS Sites:                          369
                                                 Sites identified for potential investigation under the federal Superfund Program

                                                 Number of EPA Brownfields Properties:                  1,407
                                                 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 Michigan.
                                                                        Points of Contact
                                                  DEQ Brownfields Redevelopment Grants and Loans
                                                  Susan Erickson, ericksons@michigan.gov, (517) 241-8707
                                                  TIP, Darlene VanDale, vandaled@michigan.gov, (989) 731-4920 x3453
                                                  Brownfield Michigan Business Tax Credit
                                                  Sarah Rainero, raineros@michigan.org, (517) 241-4801
                                                  Obsolete Property Rehabilitation Act Tax Abatement
                                                  Katharine Czarnecki, czarneckik@michigan.org, (517) 241-4950
                                                   Personal Property Tax Relief in Distressed Communities
                                                  Joe Martin, martinj11@michigan.org, (517) 241-8378
  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.
                                                         Michigan Incentives for Development of Contaminated Land - Page 2

-------