Taxpayers qualified as an alternative energy entity may claim a tax credit in Michigan under the Michigan Next Energy Authority Act. Qualifying business activities include research, development, or manufacturing of an alternative energy system or renewable fuel, including biomass, biodiesel, and landfill gas. This credit
A business can deduct from corporate taxes a portion of a capital investment that supports energy conservation, up to $3,600. Energy conservation investments that reduce energy waste or reduce energy usage are eligible.
Renewable energy systems that serve to heat or cool commercial and industrial buildings or irrigation systems are exempt up to 100% from property taxes. This exemption cannot be claimed if another state tax abatement or exemption is claimed on the same piece of property.
South Carolina provides a property tax exemption for renewable energy systems with a rated capacity up to 20 kW measured in alternating current. Technologies eligible for this exemption include solar thermal, geothermal, green hydrogen, and biomass. Combined heat and power from renewable sources would also
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
The Clean Hydrogen Tax Credit is a refundable tax credit available to eligible taxpayers who use clean hydrogen to reduce emissions in hard-to-decarbonize sectors, such as industry, aviation, and heavy-duty transportation. An eligible taxpayer may claim up to $1 million in tax credits in 2025,
Idaho wind, solar, and geothermal energy producers, except for those under the regulation of the Idaho Public Utilities Commission, are 100% exempt from taxes for their property and fixtures related to renewable energy systems. Instead, these producers pay a tax of 3% of gross energy
Michigan offers a tax credit for businesses involved in alternative energy research, development, and manufacturing. Eligible business activity to claim credit for must be approved by the Michigan Next Energy Authority. In 2019, Michigan repealed this program and set it to expire for January 1,
Active solar thermal systems can not be assessed for property tax value at more than that of conventional systems used for the same purposes. This policy only applies to the systems themselves, not any land, associated structural materials, or other equipment.
NYSERDA’s Residential and Retail Energy Storage Incentives are structured as fixed-rate incentives based on the storage systems capacity, measured in kilowatt hours (kWh). The Retail Energy Storage Incentives are available for new commercial scale distributed (retail) energy storage projects up to 5 megawatts (MW) that
