Business Energy Investment Tax Credit (ITC)

State:      Federal

  • Incentive Type:     Corporate Tax Credit
  • Eligible Renewable/Other Technologies:     Solar Water Heat, Solar Space Heat, Solar Thermal Electric, Solar Thermal Process Heat, Photovoltaics, Wind, Biomass, Geothermal Electric, Fuel Cells, Geothermal Heat Pumps, CHP/Cogeneration, Solar Hybrid Lighting, Microturbines, Geothermal Direct-Use
  • Applicable Sectors:     Commercial, Industrial, Utility, Agricultural
  • Amount:    30% for solar, fuel cells and small wind;*
  • 10% for geothermal, microturbines and CHP*
  • Maximum Incentive:    Fuel cells: $1,500 per 0.5 kW
  • Microturbines: $200 per kW
  • Small wind turbines placed in service 10/4/08 – 12/31/08: $4,000
  • Small wind turbines placed in service after 12/31/08: no limit
  • All other eligible technologies: no limit
  • Eligible System Size:    Small wind turbines: 100 kW or less*
  • Fuel cells: 0.5 kW or greater
  • Microturbines: 2 MW or less
  • CHP: 50 MW or less*
  • Equipment Requirements:    Fuel cells, microturbines and CHP systems must meet specific energy-efficiency criteria