Rebates

Note: According to the Ohio Development Services Agency website, the owner or lessee subject to the sale-leaseback transaction must apply to Development Services Agency on or before December 31, 2028, to qualify for this tax credit.

Ohio's Renewable and Advanced Energy Project Property Tax Exemption, enacted with the passage of Ohio S.B. 232 in the summer of 2010, exempts qualified energy projects in Ohio from public utility tangible personal property taxes and real property taxes.

Per Ohio Revision Code 5709.53, qualified energy systems of 250 kilowatts (kW) or less will not be subject to payment in lieu of property tax

Property Tax Exemption

Renewable energy personal property that is located on a residential classified property, owned by the residential property owner, and produces energy that is used by the residential property is exempt from Colorado property taxation.

Independently owned residential solar electric generation facilities that meet the criteria listed in § 39-1-102 (6.8), C.R.S. are exempt from Colorado property taxation under § 39-3-102, C.R.S. To qualify for the exemption the solar electric generation facility must be located on residential real property, used to produce electricity from solar energy primarily for use in the residential improvements, and have a production capacity

Note: In 2010, the Federal Housing Finance Agency (FHFA), which has authority over mortgage underwriters Fannie Mae and Freddie Mac, directed these enterprises against purchasing mortgages of homes with a PACE lien due to its senior status above a mortgage. Most residential PACE activities subsided following this directive; however, some residential PACE programs are now operating with loan loss reserve funds, appropriate disclosures, or other protections meant to address FHFA's concerns. Commercial PACE programs were not directly affected by FHFA’s actions, as Fannie Mae and Freddie Mac do not underwrite commercial mortgages. Visit PACENation for more information about PACE financing

In May 2010, the Oklahoma Legislature enacted the Oklahoma Energy Security Act (see H.B. 3028), establishing a renewable energy goal for electric utilities operating in the state. The goal calls for 15% of the total installed generation capacity in Oklahoma to be derived from renewable sources by 2015. There are no interim targets, and the goal does not extend past 2015. 

The Oklahoma Energy Security Act also established a natural gas energy standard to declare natural gas as the preferred choice for any new fossil fuel generating facilities and added capacity to existing fossil fuel generating facilities beginning January 1

Texas does not have statewide net metering as the term is generally understood. However, retail electricity providers in Texas are permitted, but not required, to compensate customers for electricity produced by distributed renewable energy generation systems and exported to the electric grid. The program described below operates in a fashion similar to net metering and has similar customer benefits up to a certain point.

Eligibility and Availability

Green Mountain Energy Company, a retail electric provider of green electricity in Texas’s deregulated electricity market*, offers a special Renewable Rewards buy-back program to Texas customers who generate electricity from distributed solar or

Corona Department of Water & Power is providing rebates for residential and commercial photovoltaic (PV) systems. The rebate amount for 2015 is $0.78 per watt up to $2,340 for residential systems and $19,500 for commercial systems. Customers must submit an application and receive approval prior to beginning the installation. See website above for complete details and requirements.

S.B. 1254 of 2010 created a tax credit for electricity produced by certain renewable resources. Qualified renewable energy systems installed on or after December 31, 2010, may be eligible for the tax credit based on the amount of electricity produced annually for a 10-year period. The Arizona Department of Revenue (DOR) will accept applications annually between January 2 and January 31 of the year following the year for which the credit is being claimed. The DOR will approve the applications on a first-come, first-served basis until the annual cap of $20 million has been reached. This cap includes both personal

S.B. 1254 of 2010 created a tax credit for electricity produced by certain renewable resources. Qualified renewable energy systems installed on or after December 31, 2010, may be eligible for the tax credit based on the amount of electricity produced annually for a 10-year period. The Arizona Department of Revenue (DOR) will accept applications annually between January 2 and January 31 of the year following the year for which the credit is being claimed. The DOR will approve the applications on a first-come, first-served basis until the annual cap of $20 million has been reached. This cap includes both personal

Georgia Green Loans, a non-profit microlending agency, offers funding to "green" businesses using funding from a Georgia Environmental Finance Authority (GEFA) grant. The GEFA grant is based on State Energy Program funding from The American Recovery and Reinvestment Act of 2009 (ARRA). Georgia Green Loans is using this funding for the "Save & Sustain" program to subsidize commercial energy audits for Georgia small businesses and commercial property owners, and to provide low-interest loans for energy-efficient improvements. Georgia Green Loans will cover most of the costs for commercial energy audits through a select group of energy auditing partners, allowing businesses to

Catawba County is providing incentives to encourage the construction of sustainably built homes and commercial buildings. Rebates on permit fees and plan reviews are available for certain qualifying structures and renewable energy projects. Buildings designed and constructed in accordance with the US Green Building Council's Leadership in Energy and Environmental Design (LEED), NC HealthyBuilt Homes, Energy Star, or the National Association of Home Builders' Model Green Home Building Guidelines can receive a 25% blanket permit fee rebate, not to exceed $500. Catawba County will also rebate 50% of fees related to plan review or express plan review for commercial buildings