IncentiFind

STEP 02 VERIFY


THANK YOU!

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

PROJECT INFO


Soft Estimate
Rebates $10,000
Tax/Financial Incentives $10,000
Projected Savings $20,000

Project Name: Example Project

Project ID: ICFP-999999

Name: Jane Doe

Email: example@incentifind.com

Address: 123 Main Street

Asset Type: Residential (Single Family) - Existing (<15 years)

Project Size: 5000 sq. feet

Construction Start Date: 5/29/2024

Construction End Date: 5/29/2024

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

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

Website Survey Completed: July 08, 2019

View Full Survey Response

Timeline

  • Blue - APPLY Service Deadline
  • Red - Incentive Deadline
  • Black - Project Related Date
  • Green - Project/Incentive Milestone

Survey Submission : July 08, 2019

Pre-approval Deadline : January 04, 2022

Pre-approval must be completed by 01/04/2022

Pre-approval must be completed by 01/04/2022

Construction Start Date : March 05, 2022

Construction begins 03/05/2022 Construction Start Date

Program Close : December 31, 2023

Application deadline for the following incentive(s):

Application deadline for the following incentive(s): - [City of Houston Economic Development - 2024 Historic Site Tax Exemption (Existing Buildings) (#3)](#2024%20Historic%20Site%20Tax%20Exemption%20(Existing%20Buildings)) - [Internal Revenue Service (IRS) - 2024 MACRS Cost Segregation Engineered Study and Bonus Depreciation (Existing Homes) (#4)](#2024%20MACRS%20Cost%20Segregation%20Engineered%20Study%20and%20Bonus%20Depreciation%20(Existing%20Homes))

Program Close : April 30, 2024

Application deadline for the following incentive(s):

Application deadline for the following incentive(s): - [Texas Comptroller's Office - 2024 Solar and Wind-Powered Energy Device Exemption, Tax Code 11.27 (Existing Homes) (#6)](#2024%20Solar%20and%20Wind-Powered%20Energy%20Device%20Exemption,%20Tax%20Code%2011.27%20(Existing%20Homes))

Present Day : May 29, 2024

Program Close : December 31, 2024

Application deadline for the following incentive(s):

Application deadline for the following incentive(s): - [Green Mountain Energy - 2024 Renewable Rewards Buy Back Program (New Homes) (#1)](#2024%20Renewable%20Rewards%20Buy%20Back%20Program%20(New%20Homes)) - [City of Houston - 2024 LEED Tax Abatement (Existing Buildings) (#2)](#2024%20LEED%20Tax%20Abatement%20(Existing%20Buildings)) - [U.S. Internal Revenue Service (IRS) - 2024 MACRS Cost Segregation Engineered Study and Bonus Depreciation (New Construction) (#5)](#2024%20MACRS%20Cost%20Segregation%20Engineered%20Study%20and%20Bonus%20Depreciation%20(New%20Construction))

Disclaimer

The below list of incentives does not guarantee 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.
Incentive Summary
Incentives
Level of Government Incentive
Tax
Grant
EE*
WC*
Renewable
Other
Utility
1 IncentiFind Utilities - Solar Bill Credit
City
2 City of IncentiFind - Rain Water Harvesting Tax Exemption
City
3 City of IncentiFind - Generators Tax Abatement
State
4 State of IncentiFind - Generators Property Tax Exemption
Federal
5 Country of IncentiFind - Solar Tax Incentive
Federal
6 Country of IncentiFind - Rain Water Harvesting Tax Incentive

Each of the incentives you see listed in the above chart are detailed for you below. 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.

LOCAL: Utility

Organization - Incentive Name Eligible Scope Estimated Funds Estimated Time Next Steps to Capture
1. IncentiFind Utilities

Solar Bill Credit
Solar Bill Credit

Contact Information

johndoe@incentifind.com

123-456-7890

Eligibility

  • You must be a Texas customer.
  • You must install and activate a quality solar energy system at your home with a rated capacity of less than 50 kW.
  • Make sure you have an interconnection agreement with your local utility to ensure the system is safely connected to the grid.
  • Have your meter installed and configured to measure the in-flow and out-flow of electricity to and from your home.
  • Sign up for the Renewable Rewards plan to earn credit for the excess energy your system sends to the grid. Enter your ZIP code below to see plans available in your area.
  • Still need electricity from the grid? We match your grid usage with 100% renewable energy, even when solar isn’t specifically being used.
Minimum Funds:

Varies by Project.



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 preferred vendor/contractor

3. Pre-Approval Required: Yes

4. Pre-Inspection Required: No

5. Post-Audit Required: 

6. Average time from Application to Approval: 

7. After approval, funds typically received: 

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.

  3. Bill credits for out-flow power will be applied with up to a three-month delay to allow for proper processing.

CITY: Houston

Organization - Incentive Name Eligible Scope Estimated Funds Estimated Time Next Steps to Capture
2. City of IncentiFind

Rain Water Harvesting Tax Exemption
Rain Water Harvesting Tax Exemption

Third Party Expert

johndoe@incentifind.com

123-456-7890

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;
  • Have more than four units if residential and originally built and used for non-residential purposes;
  • Be individually listed in the National Register of Historic Places or designated as a Recorded Texas Historical Landmark or be references as having historical significance in an authoritative survey conducted by a non-profit or governmental agency; and
  • Obtain 75% approval of the members of the HAHC present at a regularly scheduled 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:

Varies by Project.



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 preferred vendor/contractor

3. Pre-Approval Required: No

4. Pre-Inspection Required: No

5. Post-Audit Required: 

6. Average time from Application to Approval: No

7. After approval, funds typically received: No
  1. City council must designate your building as historic and placed into one of the historic categories. Historic preservation forms can be found here
    > 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 to the City's Director of Economic Development Department.

3. City of IncentiFind

Generators Tax Abatement
Generators Tax Abatement

Third Party Expert

johndoe@incentifind.com

123-456-7890

Eligibility

Authorized facility

A facility is eligible for a LEED tax abatement if:

  • It is a new commercial facility whose owner has registered with USGBC to apply for LEED certification for the facility;
  • Construction of the facility has not commenced prior to the application for abatement; and
  • The total project cost is reasonably expected by the applicant to be at least $3,000,000.

This type of tax abatement may be a stand-alone abatement or part of a standard economic development abatement.

Value and term of abatement

  • Abatement shall be granted effective upon the January 1 valuation date immediately following the date that both of the following events have occurred: (i) construction of the facility has been completed in accordance with the terms of the agreement, and (ii) a LEED certification has been obtained for the facility. The abatement may remain in effect for up to ten years.

Agreement

Upon designation of a reinvestment zone, the city may enter into an abatement agreement that shall include:

  • The items listed in items (3)—(5), (7), (8), and (10)—(14) of section 44-128 of this Code;
  • The estimated value to be abated and the base year value;
  • The percentage of value abated based upon the applicable LEED certification level;
  • The total project cost; and
  • A requirement that the facility be constructed pursuant to and in compliance with all applicable permitting requirements.

Taxability

  • From the date of the city's execution of the abatement agreement to the end of the abatement period, the value of a facility described by subsection (a) of this section shall be taxable in the manner described in subsection (b) of this section.

Chapter 44, Article IV

Minimum Funds:

Updated certification levels and eligible abatement

  • Silver 5% tax abatement
  • Gold 10% tax abatement
  • Platinum 15% tax abatement
  • Removed Basic level


Maximum Funds:

Updated certification levels and eligible abatement

  • Silver 5% tax abatement
  • Gold 10% tax abatement
  • Platinum 15% tax abatement
  • Removed Basic level
1. Application period is open

2. Preferred Vendor/Contractor required: No preferred vendor/contractor

3. Pre-Approval Required: No

4. Pre-Inspection Required: No

5. Post-Audit Required: 

6. Average time from Application to Approval: No

7. After approval, funds typically received: No

Process

  1. Application submittal

  2. Review, evaluation and scoring

  3. Recommendation to Administration

  4. Recommendation to Council

  5. Abatement award - Annual monitoring and reporting for granting abatement for the time-period specified

STATE: Texas

Organization - Incentive Name Eligible Scope Estimated Funds Estimated Time Next Steps to Capture
4. State of IncentiFind

Generators Property Tax Exemption
Generators Property Tax Exemption

Contact Information

johndoe@incentifind.com

123-456-7890

Eligible Applicants

  • 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

You must file the completed application with all required documentation beginning Jan. 1 and not later than April 30 of the year for which you are requesting an exemption.

Exemption applies to the added value, therefore property taxes are evaluated on PRE-SYSTEM installation Harris County uses max 5% per year depreciation factor year over year (subject to change). Each County uses life expectancy of the system or 20 years (on avg). A call to the County Property Appraisal office is recommended to ensure no other nuances exist. Each County is different.

For more information, please refer to this manual

Solar System is appraised using Tax Code Section 23.26

Solar and Wind-Powered Energy Devices Property Tax Exemption Texas Tax Code, Title 1, Property Tax Code Subtitle C, Chapter 11, Taxable Property & Exemptions, Subchapter B. Exemptions, Section 11.27

Minimum Funds:

Exemption applies to the added value to the property by the eligible installation, therefore property taxes are evaluated on PRE-SYSTEM installation



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 preferred vendor/contractor

3. Pre-Approval Required: Yes

4. Pre-Inspection Required: No

5. Post-Audit Required: 

6. Average time from Application to Approval: 

7. After approval, funds typically received: 
  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

FEDERAL

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Organization - Incentive Name Eligible Scope Estimated Funds Estimated Time Next Steps to Capture
5. Country of IncentiFind

Solar Tax Incentive
Solar Tax Incentive

Contact Information

johndoe@incentifind.com

123-456-7890

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.

You can depreciate most types of tangible property (except land), such as buildings, machinery, vehicles, furniture, and equipment.

To be depreciable, the property must meet all the following requirements:

  • It must be property you own.
  • It must be used in your business or income-producing activity.
  • It must have a determinable useful life.
  • It must be expected to last more than 1 year.

Tax credits and Bonus Depreciation Tax deduction on Land improvements, Building improvements and Personal Property on Equipment, Materials, Machines, Appliances, Buildings and Land.

You can Bonus Depreciate these improvements to realize maximum tax deductions in the first year. 80% for 2023 and 60% for 2024.

For Multifamily and Commercial Property owners, we analyze your Property Utility Bills and propose projects that can add over $100,000 in new NOI and can increase Property Asset Value by $2m.

  • We analyze your Utility Bills and provide proposals on Equipment, Materials and Smart Tech that saves Property Owners, Managers on Operating Expenses.

  • Water Efficiency Proposals to Save Properties 30%-65% on Water Costs that also monitors leaks for maintenance savings and generates water bills to tenants

  • Energy Efficiency Proposals to Save Properties 30% or more on Energy Costs and also monitors equipment for maintenance savings..

  • We provide the model to max NOI with the quickest payback ROI and increase Property Value.

  • We provide a 100% financing model with monthly payments to pay for Utility Efficiency improvement projects from the monthly Utility Bill savings and increase net NOI cash flow.

  • Do an Engineered Cost Segregation Study on your Property Improvements including these Utility Efficiency Projects with our contractors that can add up to $1,000,000 in Bonus Depreciation Tax Deductions for your property.

Minimum Funds:

Varies by Project.



Maximum Funds:

Up to $1,000,000 of the equipment purchase price that is qualified in the engineered cost segregation study on your property.

1. Application period is open

2. Preferred Vendor/Contractor required: Contact kevin@entrepreneurmodel.com to request a free Max NOI Utilities Management assessment and analysis for your Property.

3. Pre-Approval Required: No

4. Pre-Inspection Required: No

5. Post-Audit Required: 

6. Average time from Application to Approval: 

7. After approval, funds typically received: 
  1. The law requires property owners to apply for an exemption in most circumstances.

  2. IncentiFind recommends that you work with your tax consultant, CPA, or counsel.

  3. The certifier will perform free assessments to pre-qualify the property.

  4. The professionals like engineers and tax professionals will help you provide all the documentation necessary to sustain an IRS audit.

  5. The certifier will coordinate with your tax preparer to claim the credit.

6. Country of IncentiFind

Rain Water Harvesting Tax Incentive
Rain Water Harvesting Tax Incentive

Third Party Expert

johndoe@incentifind.com

123-456-7890

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.

You can depreciate most types of tangible property (except land), such as buildings, machinery, vehicles, furniture, and equipment.

To be depreciable, the property must meet all the following requirements:

  • It must be property you own.
  • It must be used in your business or income-producing activity.
  • It must have a determinable useful life.
  • It must be expected to last more than 1 year.

Tax credits and Bonus Depreciation Tax deduction on Land improvements, Building improvements and Personal Property on Equipment, Materials, Machines, Appliances, Buildings and Land.

You can Bonus Depreciate these improvements to realize maximum tax deductions in the first year. 80% for 2023 and 60% for 2024.

For Multifamily and Commercial Property owners, we analyze your Property Utility Bills and propose projects that can add over $100,000 in new NOI and can increase Property Asset Value by $2m.

  • We analyze your Utility Bills and provide proposals on Equipment, Materials and Smart Tech that saves Property Owners, Managers on Operating Expenses.

  • Water Efficiency Proposals to Save Properties 30%-65% on Water Costs that also monitors leaks for maintenance savings and generates water bills to tenants

  • Energy Efficiency Proposals to Save Properties 30% or more on Energy Costs and also monitors equipment for maintenance savings..

  • We provide the model to max NOI with the quickest payback ROI and increase Property Value.

  • We provide a 100% financing model with monthly payments to pay for Utility Efficiency improvement projects from the monthly Utility Bill savings and increase net NOI cash flow.

  • Do an Engineered Cost Segregation Study on your Property Improvements including these Utility Efficiency Projects with our contractors that can add up to $1,000,000 in Bonus Depreciation Tax Deductions for your property.

Minimum Funds:

Varies by Project.



Maximum Funds:

Up to $1,000,000 of the equipment purchase price that is qualified in the engineered cost segregation study on your property.

1. Application period is open

2. Preferred Vendor/Contractor required: Contact kevin@entrepreneurmodel.com to request a free Max NOI Utilities Management assessment and analysis for your Property.

3. Pre-Approval Required: No

4. Pre-Inspection Required: No

5. Post-Audit Required: 

6. Average time from Application to Approval: 

7. After approval, funds typically received: 
  1. The law requires property owners to apply for an exemption in most circumstances.

  2. IncentiFind recommends that you work with your tax consultant, CPA, or counsel.

  3. The certifier will perform free assessments to pre-qualify the property.

  4. The professionals like engineers and tax professionals will help you provide all the documentation necessary to sustain an IRS audit.

  5. The certifier will coordinate with your tax preparer to claim the credit.