This tax credit program provides credits against tax imposed for the construction, purchase, or lease of clean energy property placed into service between July 1, 2008, and December 31, 2014, with certain limitations. Section 48-7-29.14 of the Official Code of Georgia Annotated defines “clean energy
Each individual or corporate taxpayer that files an individual or corporate net income tax return in Hawaii can apply this tax credit for every eligible renewable energy system installed and placed in service on or after July 1, 2009. Section 235-12.5 of the Hawaii Revised
Hawaii Energy offers a commercial solar water heating rebate to incentivize energy-efficient equipment. The rebate is calculated based on de-rated capacity per ton using the solar water heating worksheet found here: https://hawaiienergy.com/images/for-business/PY22/wks_wh_solar.xlsx
This sales and use tax exemption applies to solar energy systems and components, as well as equipment used to produce, store, transport, compress, or blend green hydrogen, which can be created using biomass, geothermal, or other renewable energy sources. Chapter 212.08 of Title XIV of
Florida offers a property tax abatement for renewable energy property, which is defined in Title XIV, Chapter 193.624 of the 2022 Florida Statutes as equipment that collects, transmits, stores, or uses solar energy, wind energy, or energy derived from geothermal deposits.
Florida offers a sales and use tax exemption for machinery and equipment used in the production of steam energy, including green hydrogen and other renewable fuels. The exemption further extends to the purchase of machinery and equipment primarily used in the production, storage, transportation, compression,
This sales tax refund applies to taxpayers seeking a refund of Florida sales tax accrued and paid after July 1, 2012, on materials used to distribute biodiesel, ethanol, and other renewable fuels. As described in Rule 5O-2.001 of the Florida Administrative Code, this refund is
This investment tax credit allows eligible taxpayers to seek credits for corporate income taxes equal to 75% of all eligible costs. Rule 5O-2.002 of the Florida Administrative Code defines eligible costs as capital costs, operation, and maintenance costs, and research and development costs incurred between
This credit applies to corporate income taxpayers who own interest in a Florida renewable energy facility and are seeking a tax credit toward corporate income tax. Rule 5O-2.003 of the Florida Administrative Code describes the application and eligibility requirements.
This sales and use tax exemption applies to components used in the production of energy, including but not limited to alternating current electricity, from a renewable energy source. The tax exemption is set out in C.R.S. 29-2-105, while eligible renewable energy technologies are defined in
Stay Informed with the Monthly RTC Newsletter: Get updates on Member & Solutions Provider news, stay current with events, reports, publications, & working group activities.
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.
