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
Florida offers a sales and use tax exemption for machinery and equipment used in the production of steam energy resulting from burning green hydrogen and other renewable fuels. The exemption further extends to the purchase of machinery and equipment primarily used in the production, storage,
The Massachusetts Clean Energy Center offers a rebate program for commercial, industrial, and residential users who install solar thermal systems. Various financing opportunities and incentives are available through Massachusetts state tax credits, the Massachusetts Department of Energy Resources, municipal partners, and federal partners.
Under Mississippi law, businesses that have moved to or expanded in the state, investing more than $50 million and creating at least 250 jobs in the process, and that produce or assemble components of clean energy systems, can apply to the Mississippi Development Authority to
Farmland that uses biomass, solar, or wind energy generating systems can have those systems assessed under the Farmland Assessment Act under certain conditions. The land and systems on it must be part of an operating farm during the assessment year and the year prior. The
In Oregon, rural communities can set up Rural Renewable Energy Development Zones. Within these zones, commercial renewable energy properties that generate electricity or produce, distribute or store biofuels are eligible for a 3 to 5 year local property tax exemption under certain circumstances relating to
Utah offers a tax credit for commercial renewable energy systems. Any taxpayer owning a commercial energy system can claim this credit for geothermal, solar thermal, and biomass systems. Biomass systems must produce either fuel or electricity. The credit amount cannot exceed 10% of the eligible
