Any taxpayer who owns a dairy or feedlot can be given a tax credit for agricultural biomass transported to facilities generating electricity or making biocrude or other liquid or gaseous fuel for commercial use. This income tax credit will be equivalent to $5.00 per wet
Puerto Rico offers tax credits and incentives to local and foreign companies that produce renewable energy for consumption in the territory or manufacture equipment to generate renewable energy. Eligible companies can have a fixed income tax rate as low as 4% for 15 years, obtain
Commercial, industrial, institutional, agricultural, or public property used in Virginia as part of a solar thermal system may be partially or wholly exempt from property tax. Property associated with systems producing 5 MW or less is wholly exempt, as are systems up to 20 MW
Section 41-1514.02 of the Arizona Revised Statutes sets up an environmental technology assistance program under the state Arizona Commerce Authority to support the production of renewable energy products and expansion efforts. Environmental technology manufacturers, producers or processors that make capital investments in qualified facilities in
Real property and improvements to real property that decompose waste and convert the waste to gas for energy use are eligible for a property tax exemption. Methane gas conversion property installed after December 31, 2012 must be connected with or work in conjunction with a
Maryland offers a sales and use tax exemption up to 100% for renewable energy equipment, including geothermal and solar thermal technologies. A broad range of claimants are eligible including commercial, agricultural, residential, and industrial entities.
The Mississippi Development Authority can authorize eligible commercial entities that manufacture alternative energy components for tax exemptions up to 100% for 10 years to enable facility creation or expansion. This includes state income and franchise taxes as well as a sales and use tax. The
This tax credit applies to new or renovated sustainable buildings that utilize certain upgrades, such as air source and water source heat pumps, to increase energy efficiency or energy conservation. As of 2021, this tax credit requires a higher level of LEED certification for a
Qualified energy producers and other businesses in the renewable energy industry can be granted an exemption from industrial income, municipal and Commonwealth taxes on real and personal property, license fees, excise, and other municipal taxes, among other benefits. The tax exemption is 90% for industrial
County, city, or town governments in Virginia may set property tax rates for equipment, machinery, and tools used in generating renewable energy at levels lower than the statewide rates for such property.
