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Massachusetts Holds On To Top Energy Efficiency Ranking

Business Facilities

Massachusetts broke its 2016 tie with California by holding on to the No. As Massachusetts continues to make historic investments and progress in clean energy development, energy efficiency remains the most cost-effective method of reducing ratepayer costs and lowering greenhouse gas emissions,” said Massachusetts Governor Charlie Baker. “As

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Carbon Tax Proposed in Portland will be First in the Nation

Green Building Law Update

Given the increased emphasis on climate change by the incoming Biden Administration the proposed ordinance should be on your required reading list. The City of Portland is proposing a carbon tax that would be the first of its kind anywhere in the country. Carbon dioxide and other greenhouse gas emissions are changing the climate.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability. The tax for existing entities accrues as of Jan. The rates range from $.25

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years.

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Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

The wind turbines operating at Buffalo’s green energy complex on Lake Erie generate enough electricity to power roughly 15,000 homes; the turbines are under contract to a local utility, Constellation Energy Resources. Massachusetts rapidly is expanding smart meter growth and conducting trials for time-of-use and critical peak pricing tariffs.

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Cover Story: New Energy Powers Growth

Buisness Facilities Contributed Content

Geothermal energy—tapping into the heat of the earth—is a particularly attractive green energy source because it works all the time, unlike wind and solar power, and is therefore suitable for base load power like fossil fuel power plants. million green jobs in the U.S. A MW is enough energy to run the appliances in 750 homes.