Renewable Energy Tax Credit (Personal);
State: Kentucky
- Incentive Type: Personal Tax Credit
- Eligible Renewable/Other Technologies: Passive Solar Space Heat, Solar Water Heat, Solar Space Heat, Photovoltaics, Wind, Geothermal Heat Pumps, Combination Active Solar Space-Heating and Water Heating System
- Applicable Sectors: Residential, Multi-Family Residential
- Amount: PV: $3/W DC
- All other systems: 30% of eligible costs
- Maximum Incentive: $500 for solar and wind installations; $250 for geothermal installations.
- Equipment Requirements: Solar water heaters must use OG-100 SRCC certified collectors with minimum 5-year warranty.
- PV systems must meet the requirements of Article 690 of the National Electrical Code, and use solar photovoltaic panels and inverters that are rated and listed by Underwriters Laboratories.
- Wind turbines must meet AWEA’s wind industry consensus standards.
- Closed loop geothermal heat pumps must have EER of 14.1 and COP of 3.6
- Open loop geothermal heat pump must have EER of 16.2 and COP of 3.5
- DX geothermal heat pump must have EER of 15 and COP of 3.5.
- Installation Requirements: Solar hot water, active solar space heating, and PV systems must be installed by a NABCEP-certified installer.
- Carryover Provisions: Excess credit may be carried forward for one year.
- Program Start Date: 1/1/2009
- Program Expiration Date: 12/31/2015
Contact:
Taxpayer Services
Kentucky Department of Revenue
501 High Street
Frankfort, KY 40620
Phone: (502) 564-4581
Fax: (502) 564-3875
Web Site: http://revenue.ky.gov/