Ohio Schools Awarded $2.6 Million in Energy Efficiency Grants with Help from Viridi and Gardiner We’re thrilled to share that three clients that we prepared grant applications for, in partnership with Gardiner, have been awarded a combined $2.6 million in energy efficiency project funding through the Ohio Department of Development's Advanced Energy Fund (AEF) grant
Tax Incentives for Going Green: Maximize Savings on Sustainability Upgrades Businesses looking to lower energy costs and reduce their environmental footprint have a powerful ally—federal tax incentives. Investing in energy-efficient upgrades or on-site generation like solar doesn’t just improve your facility’s performance—it can also lead to substantial financial savings through stackable tax benefits. Key Tax
Sustainability Reporting & Planning for Ohio Businesses Is your company ready to tackle the growing demands of sustainability reporting and compliance? Sustainability reporting is becoming a growing requirement for businesses. Large companies and regulations like CBAM are pushing Ohio businesses to develop plans, participate in initiatives like Manufacture 2030, and provide transparent reporting. Meeting these
Are you considering energy efficiency upgrades? Take advantage of funding and financing options that let you invest in cost-saving projects while minimizing upfront costs. By pairing financing with grants, tax credits, and accelerated depreciation programs, you can maximize your project's ROI. If you are looking to bridge the gap between your projects' completion and receiving
The PJM Energy Efficiency Rebate, the one program that rewards peak demand reduction rather than kilowatt hour reduction, will be going away soon. Don’t wait – be sure to reach out while there’s still time for Viridi to assist you in monetizing your energy efficiency projects. For qualifying projects installed between July 1, 2023
The Clean Air Improvement Program (CAIP) through the Ohio Air Quality Development Authority (OAQDA) is a resource for businesses of all sizes looking to invest in more energy efficient or renewable energy technologies. The financial benefits of the OAQDA-issued bonds provide applicable tax exemptions--including sales, use and property--for qualified projects. There are several project types
Did you know FirstEnergy has implemented a new incentive program this year for commercial and industrial customers looking to install LED lighting and controls in their facilities? The program is available through May 31, 2024, for both existing buildings and new construction, however, funds are very limited and will likely run out before the deadline.
The USDA Rural Energy for America Program (REAP) provides small to mid-size businesses located in rural areas with guaranteed loan financing and grant funding for renewable energy systems and energy efficiency improvements. Many Ohio counties are considered qualifying rural areas. With the passing of the Inflation Reduction Act in 2022, grant amounts increased from 25%
The Energy Loan Fund is a financing program authorized through the State of Ohio Department of Development. The fund provides low-interest financing to install efficiency measures that reduce energy by at least 15%. Current interest rates are well below commercial lending rates. The list of eligible applicants includes: Small businesses Local governments Nonprofit organizations
Client: Fuserashi International Technology, Inc. (FIT) Industry: Manufacturing Sustainability Solution(s) Implemented: LED Lighting Results after finished install: • 40,000 square foot building expansion with total building LED lighting upgrade • Annual energy cost reduction of 57.3% compared to ASHRAE Standard 90.1-2001/2007 • Immediate tax deduction of $365,983 Since 1996, Fuserashi International Technology, Inc. (FIT) has
Viridi provides simple and affordable sustainability solutions to organizations who are passionate about driving our economy’s transition to cleaner energy and a healthier planet.
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