| Renewable Energy - BETC Applications |
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| High Efficiency Combined Heat and Power |
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A renewable energy resource facility designed to generate electrical power and thermal energy from a single fuel source with a fuel-chargeable-to-heat rate yielding annual average energy savings of 20 percent. The fuel-chargeable-to-heat rate would need to be 5,440 Btu/kWh. (See BETC Technical Requirements for formula and other specifications.) This renewable energy resource facility would be eligible for a 50 percent Business Energy Tax Credit. Facilities that do not meet this requirement may be eligible for a 35 percent tax credit under Combined Heat and Power facilities or may qualify in part for a tax credit relating to the heat recovery portion of the facility.
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| Renewable Energy Resource Equipment Manufacturing Facilities |
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Renewable Energy Resource Equipment Manufacturing Facility Word PDF
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| Renewable Energy Resource Generation Projects |
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Projects that use solar, wind, hydro, geothermal or biomass to produce energy, displace energy, or reclaim energy from waste may qualify for a tax credit. Renewable resource projects must replace at least 10 percent of the electricity, gas, or oil used. The energy can be used on site or sold. For small projects, use the Solar Photovoltaic Project application or the Solar Thermal Project application.
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Renewable Energy Resource Generation Projects application Word PDF
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| Solar Projects |
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