Qualifying Advanced Energy Manufacturing Investment Tax Credit

State:      Federal

  • Incentive Type:     Industry Recruitment/Support
  • Eligible Efficiency Technologies:     Lighting, Lighting Controls/Sensors, Energy Conservation Technologies; Smart Grid
  • Eligible Renewable/Other Technologies:     Solar Water Heat, Solar Thermal Electric, Photovoltaics, Wind, Geothermal Electric, Fuel Cells, Geothermal Heat Pumps, Batteries and Energy Storage; Advanced Transmission Technologies that Support Renewable Energy Generation; , Renewable Fuels, Fuel Cells using Renewable Fuels, Microturbines
  • Applicable Sectors:     Commercial, Industrial, Manufacturing
  • Amount:    30% of qualified investment
  • Maximum Incentive:    Total amount of credits to be allocated shall not exceed $2.3 billion
  • Terms:    Apply first to the Department of Energy (DOE); must receive recommendation and ranking from DOE in order to apply to the Internal Revenue Service for certification of credits
  • Start Date:    02/17/2009
  • Web Site:     http://www.energy.gov/recovery/48C.htm