This is a competitive grant program administered by the Iowa Economic Development Authority. Projects must provide some benefit to Iowa ratepayers and aid one of the key focus areas of the Iowa Energy Plan, two of which are biomass conversion and electric grid modernization. Those
This tax credit is available for certain companies operating alternative fuel facilities, gasification facilities, or renewable energy facilities. Approved companies include a variety of business stakeholders, such as corporations, LLCs, and partnerships. Using a complicated calculation of income tax under two different scenarios, net tax
Incentives are available to certain renewable energy facilities that have a minimum capital investment of at least $1 million. Incentives include an advance disbursement of post-construction incentives, sales and use tax incentives worth up to 100%, severance tax incentives worth up to 80%, income tax
Title 36, Chapter 105, Subchapter 4 of the Maine Revised Statutes lists real estate that is exempt from taxation, which includes solar and wind energy equipment that generates heat or electricity.
The Maryland Energy Administration provides Commercial Clean Energy Rebates to businesses, nonprofits, local and state government agencies, and others to install clean energy systems. Qualifying systems include solar PV, solar thermal systems, and geothermal heat pumps. For solar thermal systems, the rebate is $20/sq. ft.,
Section 200/10-10 of the Illinois Compiled Statutes Property Tax Code establishes an alternate valuation assessment for solar energy systems. When the owner of a property with a solar energy system files a claim for an alternate valuation, the chief county assessment officer ascertains both the
Section 687/6-4 of the Illinois Compiled Statutes establishes the Renewable Energy Resources Trust Fund in the State Treasury to provide grants, loans, and other incentives to foster investment in and development of renewable energy resources. Section 687/6-3 defines renewable energy resources to include wind, solar
The Indiana Department of Local Government Finance administers a property tax deduction that includes geothermal, solar, wind, and hydroelectric. Thermal heating and cooling systems using solar or geothermal energy also qualify.
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. Unless installed before December 31, 2021, methane gas conversion property must be connected with or work in conjunction with
Georgia offers a sales and use tax exemption for the sale and use of biomass used to produce power or coproduce electrical and steam power. Code Section 48-8-3 of the Official Code of Georgia Annotated was amended by HB 1018 for this exemption to take
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The Renewable Thermal Collaborative (RTC) is the global coalition for companies, institutions, and governments committed to scaling up renewable heating and cooling at their facilities, dramatically cutting carbon emissions.
