Clean Energy Tax Credit (Corporate)

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/