Renewable Energy Systems Tax Credit (Commercial)

This income tax credit may be claimed for both residential and commercial renewable energy systems. This commercial version may be claimed by direct-use geothermal, solar thermal, and biomass projects. Biomass systems must produce either fuel or electricity; biomass heating is ineligible. The credit amount cannot exceed 10% of the eligible system cost or $50,000. This credit makes up the fourth section of a larger legislative package of tax credits.