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Green tax incentives and credits

Legislation over the last several years has greatly expanded the universe of energy tax incentives available to ordinary businesses.

The bulk of these incentives are geared toward conservation, energy efficiency, and alternative and renewable fuels. Businesses can also take advantage of many of the energy tax incentives meant for consumers or the energy industry.

 

 

Federal incentives

  • Green incentives and credits for ordinary businesses
    • Energy-efficient commercial business deduction
    • Business energy investment tax credit
    • Alternative motor vehicle credit
    • Plug-in electric vehicle credit
    • Alternative refueling property credit
    • Qualified reuse and recycling property
    • Fringe benefits for employees
  • Incentives for specific manufacturers and developers
    • Energy-efficient appliance credit
    • Energy-efficient new homes credit
    • Alcohol fuel (ethanol) producer credit
    • Biodiesel and renewable diesel credit
  • Incentives geared to energy industry
    • Renewable electricity production credit
    • Advanced energy manufacturing credit
    • Alternative fuel credit 
  • Personal incentives for individuals
    • Residential energy-efficient home improvements credit 
    • Residential energy-efficient property credit 

State and local incentives

  • State-by-state chart of energy credits and incentives
  • State-by-state chart of alternative fuel credits and incentives

Related documents

  •   Green incentives and credits for businesses (374 KB)

    Legislation over the last several years has greatly expanded the universe of energy tax incentives available to ordinary businesses. The bulk of these incentives are geared toward conservation, energy efficiency, and alternative and renewable fuels. Businesses can also take advantage of many of the energy tax incentives meant for consumers or the energy industry.

  • This website supports Grant Thornton LLP’s marketing of professional services and is not written tax advice directed at the particular facts and circumstances of any person. If you are interested in the subject of this document we encourage you to contact us or an independent tax advisor to discuss the potential application to your particular situation. Nothing herein shall be construed as imposing a limitation on any person from disclosing the tax treatment or tax structure of any matter addressed herein. To the extent this document may be considered to contain written tax advice, any written advice contained in, forwarded with, or attached to this document is not intended by Grant Thornton to be used, and cannot be used, by any person for the purpose of avoiding penalties that may be imposed under the Internal Revenue Code.