Sales and use tax deferral program for clean energy investment projects

In Washington, investments in projects costing $2 million or more can apply for deferral of all sales and use taxes if the projects manufacture components and ingredients for clean energy projects, store renewable energy, or produce low-carbon fuels. Eligible investments include both new facilities and retrofits. Deferrals of 50% to 100% may be granted, depending on the project’s labor standards. Deferred taxes must be repaid beginning one year after project completion in the form of ten equal-sized payments.