Incentives and rebates for Wind Turbines
Wind System Installation Incentives for Massachusetts and New Hampshire Customers
The Federal Investment Tax Credit
The Stimulus Package of 2009 extended a 30% Investment Tax Credit for the purchase and installation of a wind turbine. This tax credit significantly improves the payback and rate of return on any wind project if there is a taxable party.
New Hampshire Incentives for Homeowners
The N.H. State Rebate Program for solar and wind systems, managed by the NH Public Utilities Commission provides rebates of $ 3/Watt DC up to a maximum of $6,000 or 50% of system costs, whichever is less for systems up to 5 kW in size. For more information click here: http://www.puc.nh.gov/Sustainable%20Energy/RenewableEnergyRebatesQAs-residential.htm
Property Tax Incentive
- Local Option – Property Tax Exemption for Renewable Energy
State Rebate Program
Utility Loan Program
- New Hampshire Electric Co-Op – SmartSTART Energy Efficiency Loan Program
Utility Rebate Program
- National Grid – Residential (Electric) Energy Efficiency Rebate Programs
- National Grid – Residential (Gas) Energy Efficiency Rebate Program
- New Hampshire Electric Co-Op – Residential Energy Efficiency Rebate Programs
- New Hampshire Electric Co-Op – Solar Hot Water and Low-Temperature Heat Pump Rebates
- Northern Utilities – Residential Energy Efficiency Programs
- PSNH – Residential Energy Efficiency Rebate Program
- Unitil – Residential Energy Efficiency Programs
Rules, Regulations & Policies
Net Metering
Massachusetts State Income Tax Credit
There is a 15% state income tax credit for the cost of a residential, renewable energy system. The maximum limit to the credit is $1,000 and can be carried over for three years.
Commonwealth Wind: Micro Wind Initiative
The Renewable Energy Trust in Massachusetts offers rebates for the design & construction of residential wind energy systems through the Commonwealth Wind: Micro Wind Initiative (formerly Small Renewables Initiative). This initiative provides rebates to homeowners for design & construction of wind turbine projects that are up to 10 kilowatts in size.
Massachusetts Clean Energy Center’s (MassCEC) Commonwealth Wind Incentive Program (Commonwealth Wind) helps responsibly-sited wind energy projects of all scales achieve successful and timely installation. Commonwealth Wind has helped move Massachusetts toward Governor Deval Patrick’s goal of having 2,000 MW of wind power installed in the state by 2020. Grant funding is available for residential, commercial, industrial, and public facilities that are customers of investor-owned electric distribution utilities or Municipal Light Plant Departments that pay into the Renewable Energy Trust, which is part of MassCEC.
Commonwealth Wind provides funding through the following initiatives:
Micro WindThe Micro Wind Initiative provides rebates for the installation of wind projects that are located at residential, commercial, industrial, institutional, and public facilities and are less than 100 kilowatts. Eligible systems are supported through a hybrid incentive structure consisting of installation and production rebates.Micro wind systems will be supported through a hybrid rebate structure (capped at $4.00/watt):
Payment 1: will be made upon system installation of a wind turbine, and is awarding $1.25/W based on the rated capacity of the system at 11 m/s (based on manufacturers’ supplied power curve).
Payment 2: the Trust will make a $2.00/kWh payment based on the number of kilowatt-hours produced by the system in its first year of operation. Customers will have the option to report production data for the second year of operation, and if production is greater than in year one, the Trust will provide a rebate for the difference.
Community-Scale Wind
The Community-Scale Wind Initiative awards grants for qualifying wind projects with a nameplate capacity greater than or equal to 100 kW. MassCEC provides financial and technical support to wind projects through a competitive feasibility and design & construction grant award process. Public entities may apply for a free site assessment.
Click here for more information.
Commercial WindThe Commercial Wind Initiative helps reduce the early stage risk associated with commercial wind development projects. MassCEC provides funding for feasibility studies and development activities only. The Commercial Wind Initiative will have multiple solicitations each year, depending on available funding. Both the feasibility study grants and development loans require a 25 percent cost share for the funded activities.
For more information visit www.masstech.org/wind.
Net Metering
Investor owned utilities provide net metering to residential customers who own wind systems. With net metering, a customer’s excess generation is used to offset electricity purchased from the utility at another time.
State Property Tax Exemption
Residential systems are exempt from sales and property taxes in Mass.
Please note: We at Blue Selenium Solar are experts on solar energy systems, not taxes, and we do not provide tax advice; you may want to consult a tax professional.
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