Below is a compilation of Federal incentives available for renewables and efficiency.

Financial Incentives

Corporate Deduction

• Energy-Efficient Commercial Buildings Tax Deduction

Corporate Depreciation

• Modified Accelerated Cost-Recovery System (MACRS) + Bonus Depreciation (2008-2009)

Corporate Exemption

• Residential Energy Conservation Subsidy Exclusion (Corporate)

Corporate Tax Credit

• Business Energy Investment Tax Credit (ITC)
• Energy-Efficient New Homes Tax Credit for Home Builders
• Renewable Electricity Production Tax Credit (PTC)

Federal Grant Program

• Tribal Energy Program Grant
• U.S. Department of Treasury - Renewable Energy Grants
• USDA - Rural Energy for America Program (REAP) Grants

Federal Loan Program

• Clean Renewable Energy Bonds (CREBs)
• Energy-Efficient Mortgages
• Qualified Energy Conservation Bonds (QECBs)
• U.S. Department of Energy - Loan Guarantee Program
• USDA - Rural Energy for America Program (REAP) Loan Guarantees

Industry Recruitment/Support

• Energy-Efficient Appliance Manufacturing Tax Credit
• Qualifying Advanced Energy Manufacturing Investment Tax Credit

Personal Exemption

• Residential Energy Conservation Subsidy Exclusion (Personal)

Personal Tax Credit

• Residential Energy Efficiency Tax Credit
• Residential Renewable Energy Tax Credit

Production Incentive

• Renewable Energy Production Incentive (REPI)

Rules, Regulations & Policies

Appliance/Equipment Efficiency Standards

• Federal Appliance Standards

Energy Standards for Public Buildings

• Energy Goals and Standards for Federal Government

Green Power Purchasing

• U.S. Federal Government - Green Power Purchasing Goal

Interconnection

• Interconnection Standards for Small Generators

Disclaimer: The information presented above and on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and you should always consult your CPA when deciding on any tax strategy as we make no representations or warranties, express or implied concerning the accuracy, completeness, reliability or suitability of the information obtained.  LES, DSIRE, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy council disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on the DSIRE web pages.