Architectural & Environmental Associates » Incentives

Incentives

Wind energy is an ideal renewable energy because:

it is pollution free
an infinitely sustainable form of energy that can be relied on for the long term future
it does not require fuel
it does not create greenhouse gases
it does not produce toxic or radioactive waste
new models are quieter than background noise

Wind Energy Tax Incentives:

Commercial Tax credit- 10% of installed cost, up to $25,000 per building and $50, 000 per company per Year. Unused credits may be carried forward for as much as five consecutive taxable years.
Residential tax credit – 25% of installation cost, with a $1,000 maximum per residence. Can be uses over 5 years.
State Sales tax exemption on all equipment.