United States
                 Environmental Protection
                k Agency
State  Incentives for Achieving  Clean and Renewable
Energy Development on Contaminated Lands
                                                                                                    Virginia _J
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.)
Solar Manufacturing Incentive Grant (SMIG) Program
Offers up to $4.5 million per year to encourage the production of
photovoltaic panels sold in a calendar year, with a maximum of 6 MW. New
manufacturers that meet certain production and other criteria are eligible to
receive annual incentive grants for six years.

Tax Incentives (abatements, deductions, credits, etc.)
Local Option Property Tax Exemption for Solar
Allows any county, city, or town to exempt or partially exempt solar energy
equipment or recycling equipment from local property taxes. Residential,
commercial, or industrial property is eligible. Property tax exemption
amount and maximum limit varies by locality.

Technical Assistance and Other Incentives	
State-Based Anemometer Loan Program (SBALP)
http://sbalp. cisat.jmu. edu/index.html
Provides Virginia landowners an opportunity to quantify their wind resource
with the objective to spur the development and use of wind energy
throughout the state. SBALP is designed to empower landowners by
spurring interest in wind energy through the borrowing of meteorological
towers and encouraging wind development.

Net Metering	
Applies to residential generating systems up to 10 kW in capacity and non-
residential systems up to 500 kW in capacity. Net metering is available on a
first-come, first-served basis until the rated generating capacity owned and
operated by customer-generators reaches 1 % of an electric distribution
company's adjusted Virginia peak-load forecast for the previous year.
                                                                                       Quick Facts
                                                                Public Benefit Fund (PBF)                     Yes D  No 0
                                                                Renewable Portfolio Goal (Voluntary)           Yes 0  No D
                                                                     12% by 2022
                                                                Net Metering                                Yes 0  No D
                                                                Interconnection Standards                     Yes 0  No D

                                                                            Electric Power Industry Generation by
                                                                             Primary Energy Source (EIA, 2006)
                                                                   Petroleum-Fired     1.1%   Hydroelectric        1.8%
                                                                   Natural Gas-Fired   9.9%   Other Renewables   3.4%
                                                                   Coal-Fired         46.9%   Other              0.7%
                                                                   Nuclear           37.8%   Pumped Storage    -1.6%
                                                                                    Points of Contact
                                                                 SMIG Program, Local Option Property Tax Exemption for Solar, Net
                                                                 Ken Jurman, ken.jurman@dmme.virginia.gov, (804) 692-3222
                                                                 Patrick Wilson, wilsonpr@jmu.edu, (540) 568-8754
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.
                                                                            Virginia Incentives for Clean and Renewable Energy - Page '

                     Incentives for Development of  Contaminated  Land
Funding (grants, loans, bonds, etc.)
Virginia Pooled Financing Program
www. virginiaresources. org/pooledfinancing. shtml
Provides funding for brownfields remediation projects for localities and
governmental authorities across the Commonwealth. Benefits include
"AA/AAA" interest rates, custom-tailored loans, shared issuance costs, no
bond insurance premiums, and loan terms of up to 30 years.

Brownfield Remediation Loan Program
Provides a source of low-interest loan financing to encourage the cleanup
and reuse of contaminated properties. State remediation loans range from
$10,000 to $1,000,0000 per site with various loan term options. To be
eligible for funds, properties must suffer some type of water quality

Clean Water Revolving Loan Fund  Program
www. deq. state.va. us/cap/
Reduces interest rates for local governments for projects that improve
water quality or prevent future problems. The scope of CWRLF activity now
includes low-interest loans for publicly owned wastewater treatment
facilities, as well as, brownfield remediation and open space preservation
related to water quality issues. Benefits include: below-market interest
rates, no bond issuance costs, and payment waiver during construction.

Petroleum Storage Tank Fund
www. deq. Virginia, gov/tanks/reimbrs. html
Provides reimbursement up to $1 million per release to eligible petroleum
tank owners/operators for taking corrective actions and for third party
liability costs associated with the investigation and cleanup of sites
impacted by leaking underground storage tanks. The fund also provides
reimbursement of corrective action costs (but not third party liability costs)
for leaks from aboveground storage tanks and heating oil tanks.

Enterprise Zone Program
Provides state and local incentives to businesses that invest and create
jobs within Virginia's enterprise zones, which are located throughout the
state. Under this program two grant-based incentives are available: 1) Job
Creation Grants, and 2) Real Property Investment Grants. Real Property
Investment Grants are capped at $125,000 per building for investments
less than $5 million, and $250,000 for investments of $5 million or more.

Tax Incentives (abatements, credits, etc.)
Environmental Restoration Sites
Defines environmental restoration sites holding Certificates of Completion
(COCs) as a separate class of property and allows local governments to
adopt an ordinance partially or fully exempting that class from taxation.
Limitations on Liability
Voluntary Remediation Program -
Certification of Satisfactory Completion of Remediation
www. deq. state, va. usA/rp/
Issues a "certification of satisfactory completion of remediation" when
remediation is satisfactorily completed. This certification provides
assurance that the remediated site will not later become the subject of a
VA Department of Environmental Quality (DEQ) enforcement action unless
new issues are discovered.
                            Quick Facts
  Limitations on Liability                           Yes 0 No D
  Number of State-Tracked Contaminated Properties:        300
  Includes Voluntary Remediation Program sites that are planned or have been
  issued COCs
  Number of EPA CERCLIS Sites:                           254
  Sites identified for potential investigation under the federal Superfund Program
  Number of EPA Brownfields Properties:                    115
  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 Virginia.
                         Points of Contact
  Virginia Pooled Financing Program, Virginia Resources Authority
  Sheryl D. Bailey, sbailey@virginiaresources.org, (804-644-3100)
  Department of Environmental Quality
  Brownfield Remediation Loan Program, Clean Water Revolving Loan
  Fund Program, Walter A. Gills, wagills@deq.virginia.gov, (804) 698-4133
  Environmental Restoration Sites, Voluntary Remediation Program -
  Certification of Satisfactory Completion of Remediation
  Kevin Greene, klgreene@deq.virginia.gov, (804) 698-4236
  Petroleum Storage Tank Fund
  Department of Environmental Quality Office of Spill Response and
  Remediation, Renee Hooper, rthooper@deq.virginia.gov, 804-698-4018
  Enterprise Zone Program
  Louellen Brumgard, Louellen.Brumgard@dhcd.virginia.gov,
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.
             Virginia Incentives for Development of Contaminated Land - Page 2