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)

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)

1. You must be a Texas customer.
2. You must have a home solar system with a rated capacity less than 25 kW.
3. You must have an Interconnection Agreement in place with your utility.
4. You must have a meter installed by your utility that separately measures the in-flow and out-flow of electricity to and from your home.

Minimum Funds: None 

Maximum Funds: Customers of our Renewable Rewards Buyback Plan will receive credit for 100% of the excess energy their solar system delivers back to the grid. Our buyback plan has multiple benefits, like:
- One-to-one buyback credits for any excess energy.
- Fixed-price electricity throughout the contract term.
- 100% clean electricity for any additionally required energy use.
- Easy credit rollover from month to-month.

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: Depends on time it takes to work with utility (or TDSP) to establish Interconnection agreement

7. After approval, funds typically received: It can take 3 billing cycles after you receive PTO and are signed up on Renewable Rewards before excess energy credits appear on your Renewable Rewards bill.

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.

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)

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: No application associated with this incentive

7. After approval, funds typically received: Incentive is captured in instant rebate available at time of purchase

Note: Make sure you are in the Reliant Energy (Deregulated REP) service territory.

1. Visit the website and enter your zip code to see your discounted price. 

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: No application necessary.

7. After approval, funds typically received: Instant rebate is received at time of purchase.

Note: Make sure you are in the Reliant Energy (Deregulated REP) service territory.

1. Visit the website and enter your zip code to see your discounted price.

Program encourages new growth, new development, and new jobs through tax abatements. 

Qualifying Projects Include: 
A developer builds in a declining part of Houston, a place where the project increases  job opportunities,reduces poverty, or redevelops an area.

The rare situation when a developer requires an abatement to remain, expand, or locate, in Houston, a situation where Houston’s job and economic market is significantly strengthened by the developer’s presence.

A company invests in real estate that serves the public. Such an investment could provide affordable housing or rejuvenate a blighted area.

Minimum Funds: Varies by project 

Maximum Funds: The City decides how many years an abatement should last based on the impact the project creates for the City.

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 

City council must designate your building as historic or already have designated your building as historic. Your building is then placed into one of several historic categories: 
- City of Houston Landmark
- Protected Landmark
- A building that “Contributes” to an established historic district

The City provides an alternative tax exemption for “significant” historic buildings. To qualify, the building must:
- Be designated as a City of Houston Protected Landmark;
- Be at least 50 years of age;
- 4+ units if residential and originally built and used for non-residential purposes;
- Individually listed in the National Register of Historic Places
- Dedicated as a Recorded Texas Historical Landmark
- References having historical significance in a survey conducted by a non-profit or government agency
- Obtain 75% approval of the members of the HAHC present at a meeting

The applicant must re-apply for the exemption each year before April 30th with the Harris County Appraisal District. (HCAD Form 11.24)

If sufficient restoration work has not been completed to satisfy the percentage of tax exemption within 5 years of the passage of an historic site tax exemption ordinance then the exemption ordinance will expire.

Minimum Funds: N/A 

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. 

- The exemption shall automatically continue as of January 1st of each year succeeding the year the exemption was first granted for the duration of the 10 or 15-year period.

**Calculating the Tax Exemption**
- If qualifying expenditures are at least 25%, but less than 100% of base value, the annual exemption for each year on the assessed value of the structure shall be equal to the amount of the qualifying expenditures.
- If qualifying expenditures are 100% or more of the base value of the improvements, then the exemption for each tax year shall be 100% of the assessed value of the historic structure or improvements not including the value of any land associated with this historic site.

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: Work with your lender or your tax/legal/financial professional to understand the process timeline.

7. After approval, funds typically received: Work with you lender or your tax/legal/financial professional to understand the process timeline.

1. City council must designate your building as historic and placed into one of the historic categories. Historic preservation forms can be found [here](www.houstontx.gov/planning/Forms)
- City of Houston Landmark
- Protected Landmark
- A building that “Contributes” to an established historic district

2. The Houston Archaeological and Historic Commission (HAHC) approves your plans to revive the outside of your building, issuing a certificate of appropriateness (COA). A COA is unnecessary for internal improvements.

3. You’ll apply for a historic site tax exemption from economic development.  After the site is designated "historic" by City Council, each owner desiring the tax exemption must complete a sworn [application](http://www.houstontx.gov/ecodev/hste/2019/HSTE%20Application%20Form.pdf) to the City's Director of Economic Development Department.

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.

The term of the tax abatement is up to 10 years provided the project met the guidelines and received the Commissioners Court’s approval. With the Commissioner Court’s approval, the agreement may be assigned if there is a change in ownership. 

In regards to taking advantage of this abatement in addition to other tax incentives, all applications will be reviewed based on the Texas Property Tax Code the Guidelines set by the Commissioners Court and subject to the Court’s consideration and approval.

Minimum Funds: 1% Tax Abatement (Basic "Certified" Level) 

Maximum Funds: - Certified (Basic) Level - 1.0 % Tax Abatement
- Silver Level - 2.5 % Tax Abatement
- Gold Level -5.0 % Tax Abatement
- Platinum Level - 10 % Tax Abatement

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](https://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. 

# Eligibility

**Eligible Property**
- An abatement may be extended to the value of buildings, structures, fixed-in-place machinery and equipment, site improvements plus that office space and related fixed-in-place improvements necessary to the operation and administration of the facility. The value of all property shall be the Certified Appraised Value for each year, as finally determined by the Harris County Appraisal District (HCAD).

**Ineligible Property**
- The following types of property shall be fully taxable and ineligible for abatement: land; inventories; supplies; tools; furnishings, and other forms of movable personal property; vehicles; vessels; aircraft; housing; hotel accommodations; deferred maintenance investments; property to be rented or leased (except as provided in Leased Facilities below); property with an economic life of less than 15 years; property owned or used by the State of Texas or its political subdivisions or by any organization owned, operated or directed by a political subdivision of the State of Texas, or any property exempted by local, state or federal law. When such exempted property includes manufacturing machinery and equipment listed in the Investment Budget (as required in the Application), then the value of such property may not be included toward the achievement of investment or valuation thresholds set out in the Agreement.

**Eligible Facility**
-  Manufacturing Facility
- Research Facility, Regional
- Distribution Center Facility
- Regional Service Facility
- Regional Entertainment Facility
- Research and Development Facility
- Other Basic Industry Facility.

**Basic Qualifications for Tax Abatement**\
To be eligible for designation as a reinvestment zone and receive tax abatement the planned improvement:
- Must be shown to increase the appraised value of the property at least $1 million upon completion of the contractually-defined construction period;
- Must be shown to directly create or prevent the loss of permanent full-time employment for at least 25 people within the reinvestment zone upon completion of the contractually-defined employment period;
- Must be competitively-sited; and
- Must be shown not to solely or primarily have the effect of transferring employment from one part of the County to another.

Minimum Funds: 1% Tax Abatement (Basic "Certified" Level) 

Maximum Funds: Projects are eligible for abatement of new value, subject to an abatement cap to be calculated as $1 million per job created/retained times the number of such jobs as required in a tax abatement agreement.

- **Certified (Basic) Level** - 1.0 % Tax Abatement
- **Silver Level** - 2.5 % Tax Abatement
- **Gold Level** -5.0 % Tax Abatement
- **Platinum Level** - 10 % Tax Abatement

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. The value January 1 preceding abatement should be the value establish by Harris County Appraisal District. If the applicant must estimate value because the taxable value is not known or is combined with other properties under a single tax account, make Harris County Appraisal District aware.

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.

Property Tax Exemption, Solar Appraised using Tax Code Section 23.26(c)

Persons who install a solar or wind-powered energy device to produce energy for onsite use are entitled to exempt the amount of value the device contributes to their property.

Eligible Renewable Technologies: Passive solar space heat, solar water heat, solar space heat, solar thermal electric, solar thermal process heat, photovoltaics, wind, biomass, storage technologies, solar pool heating, anaerobic digestion.

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

There are no incentive programs offered at this time.

Minimum Funds: None 

Maximum Funds: None

1. Other (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.

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. Application period is open (TCEQ is now accepting applications for the second round of funding under the TxVEMP with more than $41 million available for projects to replace or repower refuse vehicles.)

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 [here](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 ([click here](https://www.tceq.texas.gov/airquality/terp/) for current Grant Status).

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. Application period is open (TCEQ is now accepting applications for the second round of funding under the TxVEMP with more than $41 million available for projects to replace or repower refuse vehicles.)

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 [here](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 ([click here](https://www.tceq.texas.gov/airquality/terp) for current Grant Status).

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. Application period is 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.

The Corporate Tax Credit is available for the following equipment placed in service during the tax year:
- Fuel Cell Property
- Solar Energy Property
- Small Wind Energy Property
- Geothermal Property
- Microturbine Property
- Combined Heat and Power System (CHP) Property
- Geothermal Heat Pump System Property

Must be onsite generation and use.

Tax credits and depreciation deduction normally go with the entity that paid for the improvement. 

Minimum Funds: None 

Maximum Funds: Fuel Cells – Limited to $1,500 per 0.5 kW.

Microturbines – Not to exceed $200 per kW.

Additional limitations apply to:
- Combined Heat and power System (CHP) Property
- Small Wind Energy Turbines

Generally, the commercial ITC is equal to 30% of the basis of eligible Fuel Cell Property, Solar Energy Property, and Small Wind Energy Property.

Generally, the commercial ITC is equal to 10% of the basis of eligible Geothermal Property, Microturbines, and Combined Heat and power System (CHP) Property.

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.

Tax Deduction for the recovery of the cost of tangible property over the statutorily prescribed recovery period. MACRS is the depreciation used for most property.

Tax credits and depreciation deduction normally go with the entity that paid for the improvement. 

Minimum Funds: N/A 

Maximum Funds: Under Section 179, for 2020 a business may elect to expense up to $1,040,000 of the purchase price of qualifying equipment. However, the maximum expense allowed is limited by the amount of equipment purchased in the current year. 

Purchases in excess of the allowable amount will result in a dollar-for-dollar reduction in the maximum allowable expense. 

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).

Tax Deduction for the recovery of the cost of tangible property over the statutorily prescribed recovery period. MACRS is the depreciation used for most property.

Tax credits and depreciation deduction normally go with the entity that paid for the improvement. 

Minimum Funds: N/A 

Maximum Funds: Under Section 179, for 2020 a business may elect to expense up to $1,040,000 of the purchase price of qualifying equipment. However, the maximum expense allowed is limited by the amount of equipment purchased in the current year. Purchases in excess of the allowable amount will result in a dollar-for-dollar reduction in the maximum allowable expense. 

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).