RTC Policy Finder

Alternative Energy Development Incentive

The Alternative Energy Development Incentive (AEDI) program provides a fixed, post-performance credit worth up to 75% of state tax liability for 20 years for projects using solar, biomass, or geothermal resources. The incentive only supports projects that produce energy equivalent to 1,000 barrels of oil or 250 barrels of biomass a day. AEDI-qualifying projects must generate new state revenue, create new incremental jobs, and involve significant capital investment.

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