Solar Energy Systems Gross Receipts Tax Deduction
December 16, 2025
New Mexico allows businesses to deduct 100% of sale and installation costs of solar systems from gross receipts before gross receipts tax is calculated.
New Mexico allows businesses to deduct 100% of sale and installation costs of solar systems from gross receipts before gross receipts tax is calculated.
PACE financing programs use authority given to a municipality to offer financing for property owners to fund energy efficiency and renewable energy projects on existing commercial structures. The property owner voluntary agrees to repay the financing through a special assessment. PACE provides financing for these
Oregon’s Department of Energy provides grants through the Energy Efficiency and Conservation Block Grant Program to local governments that are not otherwise eligible to receive funding directly U.S. Department of Energy Energy Efficiency and Conservation Block Grant. Oregon will grant at least 60% of this
In Rhode Island, all public building construction (including schools) and public building renovation projects involving 40% or more of the building must achieve certain energy efficiency and green building standards. This requirement applies to structures of 10,000 sq. ft. or more.
Local governments in Virginia are authorized to offer PACE financing for renewable energy, energy efficiency, and water efficiency projects at commercial properties. Property owners and developers receive long-term,100% financing from qualified capital providers,
Wisconsin offers a sales and use tax exemption for up to 100% of the taxpayer’s liability from renewable energy products. Eligible renewable energy products must create electricity or heat from biomass, wind energy, solar energy, and biogas among other renewable energy sources.
This property tax exclusion applies to active solar energy systems, defined as “a system that uses solar devices, which are thermally isolated from living space or any other area where the energy is used, to provide for the collection, storage, or distribution of solar energy.”
Connecticut has implemented Commercial Property Assessed Clean Energy (C-PACE) as a financing program that allows Connecticut building owners to access cleaner, cheaper, and more reliable energy, as well as financing for resiliency and Zero-Emission Vehicle Refueling Infrastructure. This program is only available in participating municipalities.
The Green Energy Money $aver (GEM$) On-Bill Program is an innovative financing program offered by the Hawaii Green Infrastructure Authority for nonprofits, small businesses, and commercial tenants to make eligible energy improvements. These improvements include thermal storage pumps, water heating, solar PV systems, and other
This is a property tax exemption for property that is “actually and regularly used” to produce and generate electricity with certain renewable energy resources. For parties who apply for this exemption after December 31, 2016, the property tax exemption will only remain in effect for