IncentiFind

STEP 02 VERIFY


THANK YOU!

Thank you for choosing IncentiFind, the nation’s go-to database for green incentives. We are pleased to connect your Residential (Single Family) project to incentives.

STEP 01 SEARCH

In the first step of our process, SEARCH, you filled-out our online survey at www.IncentiFind.com. We used your response to this survey to create a comprehensive list of incentive programs offered in your area, and then posted that list to your profile on our website. We call this list our SEARCH Results Report.

STEP 02 VERIFY

You are now in the second step of our 3-step-process, VERIFY. In this step, we provide you with a list of incentives relevant to your project’s green measure(s), location, and asset type. In this same deliverable we may also provide an estimate of funding for each incentive, as well as next steps to capture each incentive. We call this list VERIFY Residential Report.

The below list of incentives does not guarantee your, or your project’s, eligibility or award. Please review the below list of incentives to determine which incentives you want to APPLY to. Then, follow the next steps to APPLY and capture the incentive.


02 VERIFY is a service of IncentiFind, Inc.. Incentives, prices, fees, or estimates referenced in this document do not constitute a guarantee that funding will be received. Any arrangement as to services, their associated fees, must be contracted for in a separate written agreement. This document provided is without any representation or warranty. IncentiFind, Inc. does not warrant that the information contained in this document is complete, accurate, or misleading. IncentiFind, Inc. does not offer legal, financial, tax, or regulatory advice. Incentives listed are current as of the date shown on the recipient's profile. This document is not intended for distribution or reproduction. This document is not intended to be used for any other purposes other than for the property listed below, property owner’s use (or owner’s representative use), and is based on the project details provided in the completion of our online survey.

ONLINE SURVEY RESPONSE


Website Survey Completed: July 08, 2019

Client ID: 77498 Res. (Test)

Name: Jane Doe

Email: example@incentifind.com

Address: 123 Main Street

City, County, State: Houston, Harris County, Texas

Project Type: Residential (Single Family)

Project Size: <5000 SF

Utility Provider(s): Electric - IncentiFind Utilities, Gas - IncentiFind Utilities, Water - IncentiFind Utilities

Green Measures: Renewables (Solar, Wind), Water Conservation Outdoor (Irrigation, Rain Water Harvesting), Resilience (Generators, Hurricane Proofing)

Incentive Summary

    Incentive
Rebate
Tax
Grant
Other
EE*
WC*
Renewable
Other
$0-5K
$5K-10K
$10K-$20K
$20K-$30K
$50K+
Other
Utility
1 Solar Rebate Program
2 Rain Water Harvesting Rebate Program
3 Hurricane Proofing Bill Credit
4 Rain Water Harvesting Rebate Program
5 Generators Rebate Program
6 Rain Water Harvesting Rebate Program
City
7 Hurricane Proofing Tax Abatement
8 Solar Property Tax Incentive
9 Rain Water Harvesting Tax Abatement
County
10 Irrigation Tax Abatement
State
11 Wind Property Tax Incentive
12 Wind Other Incentive
13 Rain Water Harvesting Grant Program
14 Wind Grant Program
Federal
15 Generators None or no incentive offered
16 Irrigation Personal Tax Credit
17 Wind Personal Tax Deduction
18 Rain Water Harvesting Personal Tax Deduction

Each of the incentives you see listed in the above chart are detailed for you in the following pages. The incentives are numbered to correspond to their details below. The incentives are sorted by their governing agency and, are in the following order: Utility, City, County, State, and Federal.

*Energy Efficiency (EE), Water Conservation (WC)

LOCAL: Utility

Org - Incentive Name Eligible Scope Est. Funds Est. Time Next Steps to Capture
1. IncentiFind Utilities

Solar Rebate Program
Solar Rebate Program
Dates: April 15 to November 30, 2019. 

Offer available only to CenterPoint Energy natural gas customers in TX, LA, or MS, purchasing a qualifying generator from a participating program dealer. 

Actual discount is based on the natural gas kW generator rating noted in the maximum funds info section.


Qualifying CenterPoint Energy natural gas customers in Texas are eligible to receive a free KOHLER automatic transfer switch, up to a $750 MSRP value with purchase of a qualifying KOHLER generator from a participating program dealer in the 2019 CenterPoint Energy Standby Generator Program within the limited time promotional period defined  

Dates: April 15 through June 15, 2019. 
Minimum Funds: N/A  

Maximum Funds: Natural Gas Generator Kilowatt (KW) Rating Discount Amount 0-17 KW $250 18-22 KW Air Cooled $350 21-36 KW Liquid Cooled $400 37-59 KW Liquid Cooled $750 60 KW and up $1,500 Free KOHLER automatic transfer switch, up to a $750 MSRP value with purchase of a qualifying KOHLER generator
1.  (Offer available April 15 to November 30, 2019 only to CenterPoint Energy natural gas customers for the Dealer Discount on the purchase of a natural gas generator

Free KOHLER Automatic Transfer Switch offer available 
April 15 through June 15, 2019.)

2. Preferred Vendor/Contractor required: CenterPoint Energy Standby Generator Program Participating Dealers  

3. Pre-Approval Required: Yes

4. Pre-Inspection Required: No

5. Post-Audit Required: No

6. Average time from Application to Approval: Depending on the availability of a participating program dealer to schedule an onsite visit

7. After approval, funds typically received: Discount is dependent on the natural gas kW generator rating
NOTE: Make sure you are in the CenterPoint Energy (TDU) service territory.

1.  Submit a form to get a free quote through the link below
https://www.centerpointenergy.com/en-us/residential/services/natural-gas/natural-gas-appliances/natural-gas-standby-generators/generator-101/register-for-a-free-quote?sa=ho

2. Receive an onsite visit from a participating program dealer

3.  Capture discount based on the natural gas kW generator rating of your new generator purchase and receive instant rebate on the free KOHLER Automatic Transfer Switch (value up to $750)
2. IncentiFind Utilities

Rain Water Harvesting Rebate Program
Rain Water Harvesting Rebate Program
Dates: April 15 to November 30, 2019. 

Offer available only to CenterPoint Energy natural gas customers in TX, LA, or MS, purchasing a qualifying generator from a participating program dealer. 

Actual discount is based on the natural gas kW generator rating noted in the maximum funds info section.


Qualifying CenterPoint Energy natural gas customers in Texas are eligible to receive a free KOHLER automatic transfer switch, up to a $750 MSRP value with purchase of a qualifying KOHLER generator from a participating program dealer in the 2019 CenterPoint Energy Standby Generator Program within the limited time promotional period defined  

Dates: April 15 through June 15, 2019. 
Minimum Funds: N/A  

Maximum Funds: Natural Gas Generator Kilowatt (KW) Rating Discount Amount 0-17 KW $250 18-22 KW Air Cooled $350 21-36 KW Liquid Cooled $400 37-59 KW Liquid Cooled $750 60 KW and up $1,500 Free KOHLER automatic transfer switch, up to a $750 MSRP value with purchase of a qualifying KOHLER generator
1.  (Offer available April 15 to November 30, 2019 only to CenterPoint Energy natural gas customers for the Dealer Discount on the purchase of a natural gas generator

Free KOHLER Automatic Transfer Switch offer available 
April 15 through June 15, 2019.)

2. Preferred Vendor/Contractor required: CenterPoint Energy Standby Generator Program Participating Dealers  

3. Pre-Approval Required: Yes

4. Pre-Inspection Required: No

5. Post-Audit Required: No

6. Average time from Application to Approval: Depending on the availability of a participating program dealer to schedule an onsite visit

7. After approval, funds typically received: Discount is dependent on the natural gas kW generator rating
NOTE: Make sure you are in the CenterPoint Energy (TDU) service territory.

1.  Submit a form to get a free quote through the link below
https://www.centerpointenergy.com/en-us/residential/services/natural-gas/natural-gas-appliances/natural-gas-standby-generators/generator-101/register-for-a-free-quote?sa=ho

2. Receive an onsite visit from a participating program dealer

3.  Capture discount based on the natural gas kW generator rating of your new generator purchase and receive instant rebate on the free KOHLER Automatic Transfer Switch (value up to $750)
3. IncentiFind Utilities

Hurricane Proofing Bill Credit
Hurricane Proofing Bill Credit
Bill Credit for excess energy from your Solar or Wind energy systems to the grid.

Commercial Maximum System Size is 50kW.
Minimum Funds: None 

Maximum Funds: 100% bill credit on your monthly electric bill.
1. Application period is open

2. Preferred Vendor/Contractor required: 

3. Pre-Approval Required: Yes

4. Pre-Inspection Required: No

5. Post-Audit Required: No

6. Average time from Application to Approval: Varies based on enrollment process

7. After approval, funds typically received: 30 days
Note: Make sure you are in the Green Mountain Energy (Retailer Energy Provider) service territory.

1. Confirm you are a customer of Green Mountain Energy, Texas customer enrolled on Green Mountain’s Renewable Rewards product.

2. Enroll in Renewable Rewards Buy-Back Program. Existing customers enroll by calling us at 866-301-3120. New customers enroll online here (https://www.greenmountainenergy.com/home-energy-solutions/renewable-rewards-buy-back-program/#enroll).

3. Bill credits for out-flow power will be applied with a one-month delay to allow for proper processing.
4. IncentiFind Utilities

Rain Water Harvesting Rebate Program
Rain Water Harvesting Rebate Program
Promote efficient technologies and procedures for efficient homes and incentivize HERS Raters for their contributions to the program and a bonus measure will be available for
homes installed with a qualified ENERGY STAR Certified Smart Thermostat
Minimum Funds: $100 for 10% kWh savings over baseline (per home) 

Maximum Funds: $750 for 25 % kWh savings over baseline (per home)
1.  (See list of 2019 Approved Homebuilders on Centerpoint Website))

2. Preferred Vendor/Contractor required: See list of Approved 2019 Homebuilders

3. Pre-Approval Required: No

4. Pre-Inspection Required: No

5. Post-Audit Required: Yes

6. Average time from Application to Approval: Projects are due by midnight on the 15th of each month

7. After approval, funds typically received: Homebuilders must meet the Quarterly Milestone Performance Requirements (25%/50%/75%/100% Milestone dates)
NOTE: Make sure you are in the Centerpoint Energy (TDU) (TDU) service territory.

1. Construct Eligible Home
2. Apply for Incentive through Centerpoint (eTrack)
5. IncentiFind Utilities

Generators Rebate Program
Generators Rebate Program
Any Reliant customer can save up to 40 percent on LED bulbs (Interior and Exterior) by visiting the Reliant website.
Minimum Funds: None 

Maximum Funds: You may purchase up to 24 LEDs per order, with a limit of 96 lamps per year
1. Application period is open

2. Preferred Vendor/Contractor required: No

3. Pre-Approval Required: No

4. Pre-Inspection Required: No

5. Post-Audit Required: No

6. Average time from Application to Approval: 

7. After approval, funds typically received: 
Note: Make sure you are in the Reliant Energy (Deregulated REP) service territory.

1. Visit the website and click "Shop Now".  Then enter your zip code to see your discounted price. 
6. IncentiFind Utilities

Rain Water Harvesting Rebate Program
Rain Water Harvesting Rebate Program
Save up to 40 percent on LED bulbs (Interior and Exterior)
Minimum Funds: None 

Maximum Funds: You may purchase up to 24 LEDs per order, with a limit of 96 lamps per year
1. Application period is open

2. Preferred Vendor/Contractor required: No

3. Pre-Approval Required: No

4. Pre-Inspection Required: 

5. Post-Audit Required: No

6. Average time from Application to Approval: 

7. After approval, funds typically received: 
Note: Make sure you are in the Reliant Energy (Deregulated REP) service territory.

1. Visit the website and click "Shop Now".  Then enter your zip code to see your discounted price. 

CITY: Houston

Org - Incentive Name Eligible Scope Est. Funds Est. Time Next Steps to Capture
7. City of IncentiFind

Hurricane Proofing Tax Abatement
Hurricane Proofing Tax Abatement
Program encourages new growth, new development, and new jobs through tax abatements
Minimum Funds: NEEDS UPDATE 

Maximum Funds: NEEDS UPDATE
1. Application period is open

2. Preferred Vendor/Contractor required: No

3. Pre-Approval Required: Yes

4. Pre-Inspection Required: No

5. Post-Audit Required: No

6. Average time from Application to Approval: Consult your CPA or Tax Expert

7. After approval, funds typically received: Consult your CPA or Tax Expert
1. Complete application and send to the City of Houston Economic Development Department.

2. Application must include Project Background, Financial Pro Forma, Letters of Support, Project Type & Application Fee, and Value Alignment 
8. City of IncentiFind

Solar Property Tax Incentive
Solar Property Tax Incentive
Historic Preservation
Minimum Funds: NEEDS UPDATE 

Maximum Funds: The significant historic buildings may be exempted from City of Houston ad valorem taxes for both improvements and land, up to $30,000 per year in perpetuity
1. Application period is open

2. Preferred Vendor/Contractor required: 

3. Pre-Approval Required: Yes

4. Pre-Inspection Required: 

5. Post-Audit Required: No

6. Average time from Application to Approval: Consult your CPA or Tax Expert

7. After approval, funds typically received: Consult your CPA or Tax Expert
Next Steps

Historic preservation forms can be found at the following website: www.houstontx.gov/planning/Forms

For a brochure explaining this process visit Planning and Development

For more information regarding the tax exemption please visit our Contact Us page.

For more information regarding historic designation, please e-mail: historicpreservation@houstontx.gov or call 713.837.7963 to make an appointment for assistance with planning your project. 

Further details on this program can be found in the City's Code of Ordinances, Chapter 33, at www.houstontx.gov/codes.

Applications for historic designations  and Certificates of Appropriateness are also available at the Planning & Development Department, 6th floor, 611 Walker Building.

After the site is designated "historic" by City Council, each owner desiring the tax exemption must complete a sworn application (.pdf, updated May 2018) to the City's Director of Economic Development Department.
9. City of IncentiFind

Rain Water Harvesting Tax Abatement
Rain Water Harvesting Tax Abatement
Tax Abatement for new or refurbished commercial buildings registered with USGBC and seeking LEED Certification may receive partial tax abatement. 

The investment requirement will be at least $1 million for a commercial structure with Platinum LEED Certification, and at least $10 million for a commercial structure with Basic Certification.
Minimum Funds: 1% Tax Abatement (Basic "Certified" Level) 

Maximum Funds: 10% Tax Abatement (Platinum Certification)
1. Application period is open

2. Preferred Vendor/Contractor required: No

3. Pre-Approval Required: Yes

4. Pre-Inspection Required: No

5. Post-Audit Required: No

6. Average time from Application to Approval: Consult your CPA or Tax Expert

7. After approval, funds typically received: The Agreement shall become effective in the year the application is approved by the Commissioners Court and effective up to 10 years. However, the tax abatement shall not commence until construction of the project is completed and LEED Certification is obtained by the applicant. Consult your CPA or Tax Expert
1. The project must meet the LEED Minimum Program Requirements in order to register with USGBC.

2. The applicant must register with USGBC seeking LEED Certification prior to submitting its application to the City.

3. The application (http://hcoed.harriscountytx.gov/gbta.aspx) must be submitted to the County ($1000 non-refundable application fee) and City (separately, no fee for City application) prior to commencing construction or refurbishment of the applicable development. 

COUNTY: Harris County

Org - Incentive Name Eligible Scope Est. Funds Est. Time Next Steps to Capture
10. IncentiFind County

Irrigation Tax Abatement
Irrigation Tax Abatement
The Harris County Budget Management Department, Office of Economic Development may provide partial tax abatement for the incremental investment associated with new commercial construction projects registered with the U.S. Green Building Council ("USGBC") seeking LEED Certification
Minimum Funds: 1% Tax Abatement (Basic "Certified" Level) 

Maximum Funds: 10% Tax Abatement (Platinum Certification)
1. Application period is open

2. Preferred Vendor/Contractor required: No

3. Pre-Approval Required: Yes

4. Pre-Inspection Required: No

5. Post-Audit Required: No

6. Average time from Application to Approval: Consult your CPA or Tax Expert

7. After approval, funds typically received: Consult your CPA or Tax Expert
1.  The project must meet the requirements established by the Guidelines and Criteria for Granting Tax Abatement in a Reinvestment Zone in Harris County (http://hcoed.harriscountytx.gov/docs/TA/Harris_County_Tax_Abatement_Guidelines.pdf)

2. Complete application through Harris County (http://hcoed.harriscountytx.gov/docs/Green/HC_GREEN_Building_Tax_Abatement_Application.pdf). $1000 non-refundable application fee prior to commencing construction or refurbishment of the applicable development. 

3. Provide financial information for the company applying (financial statements, attorney, accountant references)

4. Provide economic information including estimated appraisal value on site 

5. The project must meet the LEED Minimum Program Requirements in order to register with USGBC.

STATE: Texas

Org - Incentive Name Eligible Scope Est. Funds Est. Time Next Steps to Capture
11. State of IncentiFind

Wind Property Tax Incentive
Wind Property Tax Incentive
Property Tax Exemption, Solar Appraised using Tax Code Section 23.26(c)
Minimum Funds: N/A 

Maximum Funds: Exemption applies to the added value to the property by the eligible installation, therefore property taxes are evaluated on PRE-SYSTEM installation
1. Application period is open

2. Preferred Vendor/Contractor required: No

3. Pre-Approval Required: No

4. Pre-Inspection Required: No

5. Post-Audit Required: Yes

6. Average time from Application to Approval: Consult your CPA or Tax Expert.

7. After approval, funds typically received: Consult your CPA or Tax Expert.
1. The law requires property owners to apply for an exemption in most circumstances. IncentiFind recommends that you work with your tax consultant, CPA, or counsel

2. Review Comptroller Form 50-123. Counties are required to accept Comptroller’s Form. County Appraisal District (where property is located) is ultimately the decision marker

3. Take “before” photos immediately of the property

4. File with the appraisal district where the property is located

5. Exemption lasts until the system is removed
12. State of IncentiFind

Wind Other Incentive
Wind Other Incentive
There are no incentive programs offered at this time.
Minimum Funds: None 

Maximum Funds: None
1.  (There are no incentive programs offered at this time.))

2. Preferred Vendor/Contractor required: No

3. Pre-Approval Required: No

4. Pre-Inspection Required: No

5. Post-Audit Required: No

6. Average time from Application to Approval: No incentive programs are available at this time

7. After approval, funds typically received: No incentive programs are available at this time
There are no incentive programs offered at this time.
13. State of IncentiFind

Rain Water Harvesting Grant Program
Rain Water Harvesting Grant Program
Grants for Vehicles being replaced or repowered and charging infrastructure
Minimum Funds: Varies by mitigation strategy 

Maximum Funds: based on percentage of cost. Formula is different for government (100% of cost) vs private (75% of cost if EV); cost of NOx reduced also factored
1. The First Round of Funding has been released for the replacement or repower of school buses, transit buses, and shuttle buses.

2. Preferred Vendor/Contractor required: No

3. Pre-Approval Required: Yes

4. Pre-Inspection Required: No

5. Post-Audit Required: No

6. Average time from Application to Approval: Eligible projects will be processed for approval on a firstcome, first-served basis.

7. After approval, funds typically received: The TCEQ will provide a Notice to Proceed (NTP) to the grant recipient when funds are available to cover the grant.
1. Determine eligibility for current grant program. TCEQ is now accepting applications for the first round of funding under the TxVEMP with more than $58 million for projects that replace or repower school buses, transit buses, and shuttle buses. See https://www.tceq.texas.gov/agency/trust for eligibility rules.

2. Determine potential grant amount based on replacement, repower, and infrastructure activities  

3. Complete the application (online)

4. Download and complete a W-9 form

5. Submit application

This incentive will be updated as information about other grant opportunities become available (TerpGrants.Org lists current Grant Status).
14. State of IncentiFind

Wind Grant Program
Wind Grant Program
Grants for Vehicles being replaced or repowered and charging infrastructure
Minimum Funds: Varies by mitigation strategy 

Maximum Funds: based on percentage of cost. Formula is different for government (100% of cost) vs private (75% of cost if EV); cost of NOx reduced also factored
1. The First Round of Funding has been released for the replacement or repower of school buses, transit buses, and shuttle buses.

2. Preferred Vendor/Contractor required: No

3. Pre-Approval Required: Yes

4. Pre-Inspection Required: No

5. Post-Audit Required: No

6. Average time from Application to Approval: Eligible projects will be processed for approval on a firstcome, first-served basis.

7. After approval, funds typically received: The TCEQ will provide a Notice to Proceed (NTP) to the grant recipient when funds are available to cover the grant.
1. Determine eligibility for current grant program. TCEQ is now accepting applications for the first round of funding under the TxVEMP with more than $58 million for projects that replace or repower school buses, transit buses, and shuttle buses. See https://www.tceq.texas.gov/agency/trust for eligibility rules.

2. Determine potential grant amount based on replacement, repower, and infrastructure activities  

3. Complete the application (online)

4. Download and complete a W-9 form

5. Submit application

This incentive will be updated as information about other grant opportunities become available (TerpGrants.Org lists current Grant Status).

FEDERAL

Org - Incentive Name Eligible Scope Est. Funds Est. Time Next Steps to Capture
15. Country of IncentiFind

Generators None or no incentive offered
Generators None or no incentive offered
No incentive programs are available at this time.
Minimum Funds: No incentive programs are available at this time. 

Maximum Funds: No incentive programs are available at this time.
1. Closed

2. Preferred Vendor/Contractor required: No

3. Pre-Approval Required: No

4. Pre-Inspection Required: No

5. Post-Audit Required: No

6. Average time from Application to Approval: No incentive programs are available at this time

7. After approval, funds typically received: No incentive programs are available at this time
No incentive programs are available at this time.
16. Country of IncentiFind

Irrigation Personal Tax Credit
Irrigation Personal Tax Credit
Personal Tax Credit for Solar, Solar Space Heat, Geothermal Electric, Solar Thermal Electric, Solar Thermal Process Heat, Solar Photovoltaics, Wind (All), Geothermal Heat Pumps, Municipal Solid Waste, Combined Heat & Power, Fuel Cells using Non-Renewable Fuels, Tidal, Wind (Small), Geothermal Direct-Use, Fuel Cells using Renewable Fuels, Microturbines.

Must be onsite generation and use.

Tax credits and depreciation deductions normally go with the entity that paid for the improvements.
Minimum Funds: None 

Maximum Funds: Fuel cells: $1,500 per 0.5 kW Microturbines: $200 per kW Small wind turbines placed in service 10/4/08 - 12/31/08; $4,000 Small wind turbines placed in service after 12/31/08. All other eligible technologies: no limit; Commercial ITC are equal to 30% of the basis that is invested in eligible solar, fuel cells, wind property and 10% for geothermal, microturbines, and CHP. Property's construction process must commence before 2022.
1. Application period is open

2. Preferred Vendor/Contractor required: No

3. Pre-Approval Required: No

4. Pre-Inspection Required: No

5. Post-Audit Required: No

6. Average time from Application to Approval: Consult your CPA or Tax Expert.

7. After approval, funds typically received: Consult your CPA or Tax Expert.
1. The law requires property owners to apply for an exemption in most circumstances. IncentiFind recommends that you work with your tax consultant, CPA, or counsel.
17. Country of IncentiFind

Wind Personal Tax Deduction
Wind Personal Tax Deduction
Tax Deduction, for the recovery of the cost of tangible property over the useful
life of the property. MACRS is the current depreciation method for most property.

Tax credits and depreciation deductions normally go with the entity that paid for the improvements.
Minimum Funds: None 

Maximum Funds: The total amount you can elect to deduct under section 179 for most property placed in service in tax years beginning in 2019 generally cannot be more than $1,000,000. If you acquire and place in service more than one item of qualifying property during the year, you can allocate the section 179 deduction among the items in any way, as long as the total deduction is not more than $1,000,000. You do not have to claim the full $1,000,000.
1. Application period is open

2. Preferred Vendor/Contractor required: No

3. Pre-Approval Required: No

4. Pre-Inspection Required: No

5. Post-Audit Required: No

6. Average time from Application to Approval: Consult your CPA or Tax Expert.

7. After approval, funds typically received: Consult your CPA or Tax Expert.
1. The law requires property owners to apply for an exemption in most circumstances. IncentiFind recommends that you work with your tax consultant, CPA, or counsel. 

2. Make sure your system equipment is eligible.

3. For equipment on which ITC is claimed, owner must reduce the project’s depreciable basis by ½ the value of 30% ITC. (The owner is able to deduct 85% of tax basis).
18. Country of IncentiFind

Rain Water Harvesting Personal Tax Deduction
Rain Water Harvesting Personal Tax Deduction
Tax Deduction, for the recovery of the cost of tangible property over the useful
life of the property. MACRS is the current depreciation method for most property.

Tax credits and depreciation deductions normally go with the entity that paid for the improvements.
Minimum Funds: None 

Maximum Funds: The total amount you can elect to deduct under section 179 for most property placed in service in tax years beginning in 2019 generally cannot be more than $1,000,000. If you acquire and place in service more than one item of qualifying property during the year, you can allocate the section 179 deduction among the items in any way, as long as the total deduction is not more than $1,000,000. You do not have to claim the full $1,000,000.
1. Application period is open

2. Preferred Vendor/Contractor required: No

3. Pre-Approval Required: No

4. Pre-Inspection Required: No

5. Post-Audit Required: No

6. Average time from Application to Approval: Consult your CPA or Tax Expert.

7. After approval, funds typically received: Consult your CPA or Tax Expert.
1. The law requires property owners to apply for an exemption in most circumstances. IncentiFind recommends that you work with your tax consultant, CPA, or counsel. 

2. Make sure your system equipment is eligible.

3. For equipment on which ITC is claimed, owner must reduce the project’s depreciable basis by ½ the value of 30% ITC. (The owner is able to deduct 85% of tax basis).