Solar Photovoltaics

Renewable Energy Tax Credit (Corporate)

In April 2008, Kentucky enacted legislation establishing a 30% state income tax credit for certain solar, wind and geothermal installations on single or multi-family residences and on commercial property. Kentucky corporate taxpayers may take the 30% credit on any of the following equipment installed on commercial property:

  • Active or passive solar space-heating systems
  • Combined active solar space-heating and water-heating systems
  • Solar hot water systems
  • Wind turbines

In addition, Kentucky corporate taxpayers may take a credit equal to $3 per watt (DC) of rated capacity for the installation of a photovoltaic (PV) system. Solar and wind technologies have a maximum tax

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Alternative Energy Portfolio Standard

Background

In May 2008, Ohio enacted broad electric industry restructuring legislation (S.B. 221) containing an Alternative Energy Portfolio Standard (AEPS), featuring advanced energy and renewable energy generation and procurement requirements for the state's electric distribution utilities and electric service companies (hereafter referred to as utilities). This definition encompasses all retail electricity providers except municipal utilities and electric cooperatives. The target was frozen in 2014 for two years, removing the previous 12.5% requirement for advanced energy resources as well. The standard target was reduced in 2019 by H.B. 6 to 8.5% by 2026.

By end of yearRenewable
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Renewable Energy Tax Credit (Personal)

Note: As of January 1, 2016, this tax credit is no longer available for new installations.

In April 2008, Kentucky enacted legislation establishing a 30% state income tax credit for certain renewable energy installations on residential and commercial property (see the Kentucky Renewable Energy Tax Credit (Corporate) for more information on taking the credit for installations on commercial property).

Kentucky taxpayers may take the 30% credit against individual income taxes for any of the following equipment installed on their principal residence:

  • Active or passive solar space-heating systems
  • Combined active solar space-heating and water-heating systems
  • Solar hot water systems
  • Wind turbines
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Sales and Use Tax Exemption for Renewable Energy Equipment

In April 2008, the Maryland enacted legislation exempting geothermal and solar energy equipment from the state sales and use tax. Geothermal equipment is defined as "equipment that uses ground loop technology to heat and cool a structure". Solar energy equipment is defined as "equipment that uses solar energy to heat or cool a structure, generate electricity to be used in a structure, or provide hot water for use in a structure". Solar energy equipment does not include "equipment that is part of a non-solar energy system or that uses any type of recreational facility or equipment as a storage medium"

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City of Denver - Green Building Requirement for City-Owned Buildings

Executive Order 123, first signed in October 2007, established the Greenprint Denver Office and the sustainability policy for the city. In March 2013, Executive Order 123 was updated to create the Office of Sustainability—the successor to the Greenprint Denver Office—and establish key sustainability policies for the City and County of Denver.

The updated Executive Order 123 states that “all buildings constructed, renovated, or maintained with City funds or using City bonding capacity are to be designed, constructed, operated, and maintained according to the principles outlined in the U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED) program, the

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PSE&G - Solar Loan Program

NOTE: The program held its 17th round of solicitation from January 23, 2017 to February 13, 2017. Applications are accepted through 4-6 competitive solicitations on an every-other month basis until program capacity of 97 MW is met.

Public Service Electric and Gas (PSE&G) of New Jersey, the largest utility in the State, offers loans for "behind the meter" photovoltaic (PV) systems to all customer classes in its electric service territory.  The program opened in April 2008 with a goal of installing 30 megawatts (MW) of customer-sited PV through the issuance of loans totaling $105 million. The initial program, termed Solar

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Anne Arundel County - Solar and Geothermal Equipment Property Tax Credits

Anne Arundel County offers a one-time credit from county property taxes on residential dwellings that use solar and geothermal energy equipment for heating and cooling, and solar energy equipment for water heating and electricity generation. Photovoltaic (PV) systems and geothermal systems were initially not eligible for the tax credit, but PV systems were added by legislation enacted in January 2009 (County Bill 81-08) and geothermal heating and cooling systems were added in April 2010 (County Bill 17-10). Solar energy devices must be installed on or after January 1, 2007 in order to be eligible for the tax credit. Geothermal equipment

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Guam - Renewable Energy Portfolio Goal

Requirements 

Guam Public Law 29-62, enacted in March 2008 established  a renewable energy portfolio goal of 25% renewable energy by 2035. The goal was expanded in November 2019 by Guam Public Law 35-46 and now requires the Guam Power Authority to establish a preliminary renewable energy portfolio goal according to the following schedule:

  • 5% of net electricity sales by December 31, 2015
  • 50% of net electricity sales by December 31, 2035
  • 100% of net electricity sales by December 31, 2045

The Guam Power Authority is also required to undertake all interconnection requirements or outsourcing agreements, including, automatic generation control, 

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Interconnection Standards

In August 2007, Illinois enacted legislation (S.B. 680) requiring the Illinois Commerce Commission (ICC) to establish standards for net metering and interconnection for renewable energy systems by April 1, 2008. Although S.B. 680 only requires the promulgation of interconnection standards for "eligible renewable generating equipment," the ICC chose to take this opportunity to develop standards for all distributed generation up to 10 megawatts (MW). Final interconnection standards were adopted by the ICC in August 2008. In March 2010, the ICC established interconnection standards for Large Distributed Generation Facilities, or those over 10 MW. In December 2016, the ICC made

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Renewable Portfolio Goal

Utah enacted The Energy Resource and Carbon Emission Reduction Initiative (S.B. 202) in March 2008. While this law contains some provisions similar to those found in renewable portfolio standards (RPSs) adopted by other states, certain other provisions in S.B. 202 indicate that this law is more accurately described as a renewable portfolio goal (RPG). Specifically, the law requires that utilities only need to pursue renewable energy to the extent that it is "cost-effective" to do so. The guidelines for determining the cost-effectiveness of acquiring an energy source include an assessment of whether acquisition of the resource will result

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