Public Utilities Tax Rebate (Delaware)

From Open Energy Information


Last modified on February 12, 2015.

EZFeed Policy

Place Delaware


Applies to States or Provinces Delaware
Name Public Utilities Tax Rebate (Delaware)
Policy Category Financial Incentive
Policy Type Corporate Tax Incentive
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy
Active Policy Yes
Implementing Sector State/Province














Program Administrator Delaware Department of Finance
Primary Website http://revenue.delaware.gov/services/Business_Tax/FullBC.shtml


Last Review 2014-09-15


Information Source http://delcode.delaware.gov/title30/c055/index.shtml


Summary

This rebate is part of the Blue Collar Jobs Act, which establishes tax breaks for businesses that have sustainable jobs and make significant investments in the state.

Firms meeting the criteria for targeted industry tax credits are eligible for a rebate of 50 percent of the public utilities tax imposed on new or increased consumption of natural gas and electricity for four years. The public utilities tax rate is 4.25 percent. The utility tax on the consumption of electric by licensed manufacturers and food or agribusiness processors is reduced from 4.25 percent to 2 percent.


Policy Contact

Contact Name Micheal R. Smith
Department Department of Finance
Division Division of Revenue



Phone (302) 577-8445


Email michael.x.smith@state.de.us


Authorities (Please contact the if there are any file problems.)

Authority 1: TITLE 30 CHAPTER 55. § 5507


















References