Renewable Energy Production Tax Credit (Corporate)

Renewable Energy Production Tax Credit (Corporate);
State: Arizona

  • Incentive Type: Corporate Tax Credit
  • Eligible Renewable/Other Technologies: Solar Thermal Electric, Photovoltaics, Landfill Gas, Wind, Biomass
  • Applicable Sectors: Commercial
  • Amount: Wind and Biomass: $0.01/kWh, paid for 10 years
  • Solar: Varies by year (see below), paid for 10 years
  • Maximum Incentive: $2 million per year
  • Eligible System Size: 5 MW minimum
  • Carryover Provisions: Unused credit may be carried forward for 5 years
  • Program Budget: $20 million per calendar year (includes personal tax credit)
  • Program Start Date: 12/31/2010
  • Program Expiration Date: 12/31/2020

Contact:

Tax Assistance
Arizona Department of Revenue
1600 W. Monroe
Phoenix, AZ 85007-2650
Phone: (602) 255-3381
Phone 2: (800) 352-4090
Web Site: http://www.revenue.state.az.us/