PR – Puerto Rico – Economic Development Incentives for Renewables

Title: Puerto Rico Economic Development Incentives for Renewable Industry Recruitment/Support

Details:

 

The Puerto Rico Economic Development Incentives for Renewable Industry Recruitment/Support is an Industrial and Commercial program for those who have energy efficient improvements made with the following: Wind, Biomass, Hydroelectric, Geothermal Electric, Municipal Solid Waste, Hydrogen, Tidal Energy, Wave Energy, Ocean Thermal, Solar Thermal Electric, Photovoltaic, and Landfill Gas. The program offers 4% of the fixed income tax rate for 15yrs. The following legislation set up this program: C4350 (2008) Act No. 73 , C1326 (2009) Act No. 7 , Hacienda AD 09-05 (in Spanish), and C2610 (2010) Act No. 83 (in Spanish). For more details use the following links and contact below:

http://207.150.251.124/index.php?option=com_content&task=view&id=109&Itemid=674

http://www.pridco.com/

Contact for more information:

Office of Industrial Tax Exemption
Department of Economic Development and Commerce
Office of Industrial Tax Exemption
355 Franklin D. Roosevelt
Hato Rey, PR 00918
Web Site: http://www.ddecpr.com/

General Info EAA
Energy Affairs Administration
P.O. Box 41314
San Juan, PR 00940
Phone: (787) 999-2200 Ext.2886
Fax: (787) 721-3089
E-Mail: certification@aae.gobierno.pr
Web Site: http://www.aae.gobierno.pr

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