Tax Incentives

KEC Units Tax Incentives

On February 17, President Obama signed into law the American Recovery and Reinvestment Tax Act of 2009. This bill extends and modifies the tax credits for windows, doors, and skylights established in the Energy Policy Act of 2005.
The following guidance is not intended as legal advice, and you should consult a tax professional with specific questions:

  • To qualify for the tax credit, windows, doors, and skylights placed in service after February 17, 2009 must have a U-factor and Solar Heat Gain Coefficient (SHGC) less than or equal to 0.30. You can find the U-factor and SHGC on the National Fenestration Rating Council (NFRC) label. See an example of the NFRC label. NFRC is the only federally recognized organization for determining the energy performance of windows, doors and skylights. Please see the NFRC website for information concerning product performance.
  • Qualifying products purchased between February 17, 2009 and December 31, 2010 are eligible for a tax credit equal to 30 percent of the product cost. The maximum amount of homeowner credit for all improvements combined (including roofing, insulation, HVAC, and water heaters) is $1,500 during 2009 and 2010.
  • For products purchased between January 1, 2009 and February 16, 2009, the terms of the tax credit are less clear. The Internal Revenue Service will likely clarify these terms in guidance documents, which are expected to be released later this year.

State & Local Energy Efficiency Programs

Here you will find a listing of state, local and regional programs that help small businesses become energy efficient. These programs offer financial assistance in the form of grants and loans for making energy efficient upgrades. Grants are also available to firms developing energy efficient technology. These programs also offer free or low-cost technical assistance to help small business owners conduct energy audits and implement energy efficient technology.

Alabama

Alaska

Arizona

Arkansas

California

Colorado

Connecticut

Delaware

District of Columbia

Florida

Georgia

Hawaii

Idaho

Illinois

Indiana

Iowa

Kansas

Kentucky

Louisiana

Maine

Maryland

Massachusetts

Michigan

Minnesota

Mississippi

Missouri

Montana

Nebraska

Nevada

New Hampshire

New Jersey

New Mexico

New York

North Carolina

North Dakota

Ohio

Oklahoma

Oregon

  • Energy Efficiency for Oregon Industry
    Offers financial and technical assistance to Oregon businesses interested in making energy efficient upgrades.
  • Energy Loan Program
    Offers low interest loans to businesses and other organizations for projects aimed at saving energy, producing energy renewable resources, such as water, wind, geothermal, solar, and biomass; using recycled materials and alternative fuels.
  • Oregon Financial Incentives for Renewable and Energy Efficiency
    Find state and local financial incentives that promote the implementation of renewable energy and energy efficiency upgrades.

Pennsylvania

Puerto Rico

Rhode Island

South Carolina

South Dakota

Tennessee

Texas

U.S. Virgin Islands

Utah

Vermont

Virginia

Washington

West Virginia

Wisconsin

Wyoming

  • Small Business Energy Audit Program
    This matching grant provides 75% of up to $4,000 for a level 2 energy audit, a survey to assess the energy efficiency of buildings. It is open to all who meet the SBA definition for small business. Topics include building shell, lighting, HVAC and process energy. Manufacturers may use the audit to qualify for sales tax abatement on energy used in the manufacturing process.
  • Wyoming Financial Incentives for Renewable and Energy Efficiency
    Find state and local financial incentives that promote the implementation of renewable energy and energy efficiency upgrades.