WIND

INCENTIVES UPDATED JANUARY 2010

• Residential:
  • Federal Incentives:
    • Renewable Energy Tax Credit
      • 30% of total cost with no limit
      • can be all in one tax year or spread over 5 consecutive tax years
    • Energy Conservation Subsidy Exclusion
      • Any subsidy received by public utilities are non-taxable
  • State Incentives:
    • PA Alternative Energy Tax Credit
      • 15% of cost less any state grant money
      • 2008 projects claim in 2009 tax year, 2009 projects claim in 2010 tax year
    • Possible future grant opportunities for siting assistance grants
• Business:
  • Federal Incentives:
    • Renewable Energy Tax Credit
      • 30% of total cost with no limit
      • can be all in one tax year or spread over 5 consecutive tax years
    • Renewable Energy Grants
      • Converts above tax credit to a grant
    • Now until 10/1/2011
  • State Incentives:
    • PA Alternative Energy Tax Credit
      • 15% of cost less any state grant money
      • 2008 projects claim in 2009 tax year, 2009 projects claim in 2010 tax year
    • PEDA Grants – competitive grants
      • Energy Harvest Grants – competitive grants
      • Possible future grant opportunities for site assistance grants

FOR MORE INFORMATION CONTACT WORLEY & OBETZ 1-800-697-6891