Buyer's Guide 2024
Renewable Energy Tax Credit for International Operations Centers (Corporate)
Solar & Battery Regulation & Incentive Programs
Program Overview
- Category
- Financial Incentive
- Program Type
- Corporate Tax Credit
- Implementing Sector
- State
- State
- Arizona
- Eligible Storage Technologies
- Solar Thermal Electric, Solar Photovoltaics, Wind (All), Biomass, Landfill Gas, Anaerobic Digestion, Fuel Cells using Renewable Fuels
- Incentive Amount
- $5 million per year for five years for each renewable energy facility
- Maximum Incentive
- $5 million per taxpayer per year;
Aggregate cap of $10 million per year for all taxpayers combined - Eligible System Size
- Systems must be at least 20 MW or a typical annual generation of at least 40,000 MWh;
International Operations Centers: The taxpayer must make a minimum investment of $100 million in new renewable energy facilities - Equipment Requirements
- International Operations Centers: By the fifth year the system is in operation, at least 51% of the energy must be used onsite
- Carryover Provisions
- Excess credit may be carried forward for up to 5 years
- Administrator
- Applicable Sectors
- Industrial
- Budget
- $10 million per year
- Start Date
- 07/24/2014
- End Date
- 12/31/2025
- Last Updated
- 03/11/2021
- Funding Source
Get a free quote
and EnergyPal offers.
Call (800) 990-3725 or complete the questions and an EnergyPal Advisor will contact you with comparative quotes.