Under Montana property tax, properties that produce renewable energy and begin construction after June 1, 2007, are taxed between 1.5% and 12% of their market value depending on their class.
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
New York offers a property tax exemption for energy conservation improvements including solar thermal, biomethane, and thermal storage systems. Tax exemptions last for a period of 15 years. To qualify, systems must be constructed before January 1, 2030. Any qualifying system owned or controlled by
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
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.
Washington offers sales tax exemptions for a range of renewable energy products under the Renewable Energy/Green Incentives section of the Department of Revenue’s website. Eligible renewable energy technologies include biomass, green hydrogen, biogas, and landfill gas systems. Each clause has unique requirements and sunset dates.
Arizona’s Renewable Energy Standard and Tariff requires that regulated electric utilities and electric power cooperatives serving retail customers in Arizona generate 15% of their energy from renewable resources, including several renewable thermal technologies, by 2025. This standard was adopted in 2006 and took effect in
Connecticut allows municipalities to offer a property tax exemption lasting up to 15 years for qualifying cogeneration systems installed on or after July 1, 2007. Municipalities can also adopt exemptions for commercial or industrial Class I renewable resources including hydropower facilities, solar thermal, or geothermal
The Illinois Commercial Property Assessed Clean Energy (C-PACE) program allows owners of eligible commercial, nonprofit, non-residential agricultural, or industrial buildings to finance up to 100% of their renewable energy and other sustainability improvements. The program is available in participating municipalities who opt to enter into
The Maryland Renewable Energy Portfolio Standard Program requires electricity suppliers to source 50% of their retail electricity sales by 2030 from renewable energy sources. Of this 50% of retail electricity sales, a minimum of 35.5% must come from Tier I resources, a minimum of 14.5%
