Title: Business Energy Investment Tax Credit (ITC) – Federal Energy Incentive
Details:
The Business Energy Investment Tax Credit (ITC) is a Utility, Agricultural, Commercial, and Industrial program for those who have energy efficient improvements made with the following: Solar Thermal Process Heat, Photovoltaic, Wind, Biomass, Geothermal Electric, Fuel Cells, Geothermal Heat Pumps, CHP/Cogeneration, Solar Hybrid Lighting, Fuel Cells using Renewable Fuels, Micro turbines, Geothermal Direct-Use, Solar Water Heat, Solar Space Heat, and Solar Thermal Electric. The program offers from $200/kW for micro turbines to $1.5k/.5kW for fuel cells. The following legislation set up this program: 26 USC § 48, Instructions for IRS Form 3468, and IRS Form 3468. For more details use the following links and contact below:
http://www.irs.gov/pub/irs-drop/n-09-52.pdf
http://thomas.loc.gov/cgi-bin/query/z?c110:H.R.1424.enr:
http://thomas.loc.gov/home/h1/Recovery_Bill_Div_B.pdf
Contact for more information:
Public Information – IRS
U.S. Internal Revenue Service
1111 Constitution Avenue, N.W.
Washington, DC 20224
Phone: (800) 829-1040
Web Site: http://www.irs.gov
