Clean Energy Tax Credit (Corporate);
State: Georgia
- Incentive Type: Corporate Tax Credit
- Eligible Renewable/Other Technologies: Lighting, Lighting
- Controls/Sensors, Comprehensive Measures/Whole Building
- Applicable Sectors:Commercial, Industrial, Multi-family Residnetial,
- Argricultral
- Amount: Renewable energy systems: 35%
- Lighting retrofit projects: $0.60/square foot of the building
- Energy-efficient products: $1.80/square foot of the building
- Maximum Incenative: 35% of system cost, with the following specified
- maximums:
- Solar hot water, Energy Star-certified geothermal heat pumps,
- lighting retrofit projects, energy-efficient products: $100,000;
- PV, solar thermal electric, active space heating, biomass, wind:
- $500,000
- Equipment Requirements: Solar thermal collectors must meet SRCC
- certification OG-100 or FSEC-GO-80. Solar thermal residential systems
- must meet SRCC OG-300 or FSEC-GP-5-80
- Carryover Provisions: Excess credit may be carried forward for five
- years from the close of the taxable year in which the clean energy
- property was installed
- Program Budget: $2.5 million annually
- Program Start Date: 07/01/2008
- Program Expiration Date: 12/31/2012
- Web Site: http://www.gefa.org/Index.aspx?page=423
Contact:
Taxpayer Services Division
Georgia Department of Revenue
1800 Century Center Blvd, NE
Atlanta, GA 30345-3205
Phone: (404) 417-4480
E-Mail: taxpayer.services@dor.ga.gov
Web Site: https://etax.dor.ga.gov/