Title: Qualified Energy Property Tax Exemption for Projects over 250 kW (Payment in Lieu)
Details:
The Qualified Energy Property Tax Exemption for Projects over 250 kW (Payment in Lieu) is a Utility and Commercial program for those who have energy efficient improvements made with the following: Landfill Gas, Wind, Biomass, Hydroelectric, Geothermal Electric, Fuel Cells, Municipal Solid Waste, CHP/Cogeneration, Anaerobic Digestion, Solar Thermal Electric, and Photovoltaic. The program offers 100% property tax exemption for systems greater than 250kW. The following legislation set up this program: ORC 5727.75, Executive Order 2010 – 13S, and OAC 122:23-1 et seq. (Emergency Rule). For more details use the following links and contact below:
http://development.ohio.gov/Business/AlternativeEnergyTaxExemption.htm
http://development.ohio.gov/QualifiedEnergyProjectApplication
Contact for more information:
General Information ODOD
Ohio Department of Development
Ohio Energy Resources Division
77 South High Street, 26th Floor
PO Box 1001
Columbus, OH 43216-1001
Phone: (614) 466-6797
Fax: (614) 466-1864
E-Mail: energy@development.ohio.gov
Web Site: http://development.ohio.gov/Energy/
