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*