Vermont offers businesses a tax credit for renewable energy equipment installation. In order to be eligible for this credit, the project must also qualify for the Federal Business Energy Tax Credit. The credit is equivalent to 24% of the Vermont property portion of the Federal
This sales and use tax exemption (C.R.S. 29-2-105) applies to components used in the production of energy, including alternating current electricity, from a renewable energy source. Eligible renewable energy technologies include components related to wind and solar thermal systems. The exemption generally applies to state-administered
Iowa offers an exemption from the replacement generation tax for certain entities. Included in the exemption is all energy generated by methane gas conversion property if used connection or conjunction with a publicly-owned sanitary landfill or used to collect waste that would otherwise be collected
The Maine Revised Statutes provides a real estate tax exemption for solar and wind energy equipment that generates heat or electricity. The equipment must meet the following criteria to be eligible: “be used on the site where the property is located; or transmitted through the
Generation plants that produce at least 1 MW of energy using an alternative renewable energy source can receive industry property tax reductions. In the first 5 years of construction from the permit issue date, qualifying improvements or modernizations that contribute to new industry or expansion
The Renewable Energy Tax Abatement came under the jurisdiction of the Governor’s Office of Energy’s jurisdiction in July 2009. It allows for partial sales, use, and property tax abatements for eligible renewable facilities. To qualify, facilities must submit an abatement application to the Office of
South Carolina provides a sales tax exemption for any device, equipment, or machinery which generates, distributes, or uses hydrogen or fuel cells. This sales tax exemption also applies to machinery used for research and development related to hydrogen and fuel cells. The tax code also
Hog fuel, which includes wood waste and residuals, but not wood pellets or firewood, is exempt from sales tax in Washington if the fuel is used to produce steam, heat, biofuels, or power. To claim the exemption, the hog fuel seller must have their buyer
Colorado offers a refundable tax credit to industrial facilities exploring and implementing greenhouse gas emission reduction projects. CITCO can be used toward industrial studies, retrofit, expansion and new build projects. Studies might include energy and emissions audits or feasibility studies. A wide range of renewable
Iowa offers a sales tax exemption for solar, wind, and hydroelectric devices. The exemption applies to up to 100% of the sales tax. For solar devices, the exemption does not cover batteries or other storage units, safety equipment such as fencing, or materials used to
