Businesses
Government-funded
$50K
per applicant
Subsidy
Ongoing cost support
Rolling
No fixed cutoff
Rolling
No fixed cutoff
Moderate
Standard state application
Provides incentives for commercial and multifamily building owners to replace natural gas appliances with electric alternatives, supporting California's transition away from fossil fuels in buildings.
Do I qualify?
Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Applicant must be a California commercial building owner or multifamily property operator
2.Must replace gas appliance with qualified all-electric alternative (heat pump, induction, etc.)
3.Incentives available for space heating, water heating, cooking, and other gas end uses
4.Enhanced incentives for projects in disadvantaged communities or low-income buildings
5.Applications through California utilities or CEC-approved program administrators
NM TRD · New Mexico
10% income tax credit for commercial solar PV and thermal installations, plus a separate 5% credit for battery storage. Combined with the federal ITC, New Mexico businesses can offset 40–50% of clean energy project costs.
CTCAC · California
State and federal low-income housing tax credits allocated to California developers of affordable rental housing, combined with tax-exempt bond financing from CDLAC for projects serving households at 30–80% AMI.
FTB · California
California offers a 15% tax credit on qualifying in-house R&D expenditures above a base amount, and 24% for small businesses. The credit is permanent and uncapped, making California one of the most R&D-friendly states for technology companies.