Kansas Incentives
Solar and Wind Power Incentives for Kansas Residents
Below are a list of wind and solar energy incentives available to Kansas residents.The experts at Santa Fe Wind & Solar can explain all of the incentives you and help you determine which ones you qualify for when installing your renewable energy system.
Renewable Electricity Facility Tax Credit (Personal)
Kansas provides an investment tax credit for certain renewable energy facilities constructed between January 1, 2007 and December 31, 2011. The facility must be owned by the owner of a commercial, industrial or agricultural business and be located on the property of that business. The electricity produced by the renewable energy facility must be either used on-site or displace current or future electric load. The credit is equal to 10% of the first $50 million invested in the project and 5% for an expenditures above $50 million. The credit must be claimed in 10 equal annual installments and the project must remain in service during those 10 years.
Learn more about the Personal Renewable Electricity Facility Tax Credit
Renewable Electricity Facility Tax Credit (Corporate)
Kansas provides an investment tax credit for certain renewable energy facilities constructed between January 1, 2007 and December 31, 2011. The facility must be owned by the owner of a commercial, industrial or agricultural business and be located on the property of that business. The electricity produced by the renewable energy facility must be either used on-site or displace current or future electric load. The credit is equal to 10% of the first $50 million invested in the project and 5% for an expenditures above $50 million. The credit must be claimed in 10 equal annual installments and the project must remain in service during those 10 years.
Learn more about the Corporate Renewable Electricity Facility Tax Credit
Renewable Energy Property Tax Exemption
This statute exempts renewable energy equipment from property taxes. Renewable energy includes wind, solar thermal electric, photovoltaic, biomass, hydropower, geothermal, and landfill gas resources or technologies that are actually and regularly used predominantly to produce and generate electricity.
Learn more about the Renewable Energy Property Tax Exemption
Efficiency Kansas Revolving Loan Program
Using money made available to the state through the federal American Recovery and Reinvestment Act (ARRA), the Efficiency Kansas revolving loan program* allows homeowners and small businesses to receive financing to pay for energy improvements and renewable energy systems for their existing homes and buildings. Some utilities will administer the loan program for the state. Customers of utilities not participating in the program can contact a partner lender for direct financing. Homeowners may borrow up to $20,000 and small businesses may borrow up to $30,000, but monthly loan repayments may not exceed the estimated monthly energy savings. Participants will have up to 15 years to repay the loan.
Learn more about the Efficiency Kansas Revolving Loan Program
Kansas Net Metering
Legislation enacted in May 2009 (HB 2369) established net metering for customers of investor-owned utilities in Kansas. The rules allow residential systems up to 25 kilowatts (kW) and non-residential systems up to 200 kW to offset onsite electricity consumption. A net-metered system must be appropriately sized so as not to exceed expected load. If a customer-generator produces more electricity than is consumed during a monthly period, the net excess generation (NEG) will be carried forward to the next month at the full retail rate.
Learn more about Kansas Net Metering
Renewable Energy Grant For Business in Lieu of the Tax Credit
The new law also allows taxpayers eligible for the business ITC to receive a grant from the U.S. Treasury Department instead of taking the business ITC for new installations. The grant is only available to systems where construction begins prior to December 31, 2011. The Treasury Department issued Notice 2009-52 in June 2009, giving limited guidance on how to take the federal business ITC instead of the federal renewable electricity production tax credit.
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