Federal Tax Incentives for Renewable Energy and Energy Efficiency -
A. GENERAL DESCRIPTION.
The Federal Internal Revenue Code provides a business income tax credit in the amount of $0.023 (2015) per kilowatt hour of electricity produced from qualifying renewable resources during a ten-year period.
ELIGIBLE TAXPAYERS.
The tax credit is available to Taxpayers producing electricity from qualifying renewable resources and selling the electricity produced to an unrelated person.
Please see full publication below for more information.
