Renewable Electricity Facility Tax Credit (Corporate) (Kansas)

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Last modified on February 12, 2015.

Financial Incentive Program

Place Kansas

Name Renewable Electricity Facility Tax Credit (Corporate)
Incentive Type Corporate Tax Credit
Applicable Sector Agricultural, Commercial, Industrial
Eligible Technologies Biomass, Geothermal Electric, Hydroelectric, Landfill Gas, Photovoltaics, Small Hydroelectric, Solar Thermal Electric, Wind
Active Incentive No

Implementing Sector State/Territory
Energy Category Renewable Energy Incentive Programs
Amount 10% of the system's cost for the first 50,000,000 invested

5% of the cost that exceeds 50,000,000
Credit must be claimed in 10 equal parts in 10 consecutive years


Carryover Provisions Any unused credit may be carried forward in subsequent years as a deduction. Deductions can be carried forward for up to 14 years past the year the first credit was applied.





Start Date 2007-01-01


















Program Administrator Department of Commerce, Department of Revenue
Website http://www.kansascommerce.com/index.aspx?NID=135
Date added to DSIRE 2010-05-27
Last DSIRE Review 2012-05-02
Last Substantive Modification
to Summary by DSIRE
2011-06-13


References DSIRE[1]


Summary

The Renewable Electricity Facility Tax Credit expired on 12/31/2011 and is not available to facilities that begin operating after that date. The summary below is provided solely as a point of reference.

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 any 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.

Before beginning construction the project owner must enter into an agreement with the Department of Commerce. Additionally, the Department of Commerce will review the project and the agreement every year during the 10-year period in which the credits are being claimed to verify that the project is still within the terms established by the agreement.


Incentive Contact

Contact Name Mari Tucker
Department Kansas Department of Commerce

Address 1000 SW Jackson Street, Suite 100

Place Topeka, Kansas
Zip/Postal Code 66612-1354
Phone (785) 296-6080


Email mtucker@kansascommerce.com
Website http://www.kansascommerce.com/
     
     

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

Authority 1: Kansas Statutes 79-32,245, et seq.
Date Effective 2007-01-01

Expiration Date 2011-12-31

Authority 2: [hhttp://www.ksrevenue.org/pdf/k-83.pdf Department of Revenue Schedule K-83]



















  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE)"

Tax Credits Concentrating Solar Power Incentives

CSP Commercial Tax Credit % Eligible Costs 10%
CSP Commercial Tax Credit Max $ $5,000,000








Tax Credits Solar Photovoltaic Incentives

PV Commercial Tax Credit % Eligible Costs 10%
PV Commercial Tax Credit Max $ $5,000,000












Tax Credits Wind Incentives

Wind Commercial Tax Credit % Eligible Costs 10%
Wind Commercial Tax Credit Max $ $5,000,000










  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1.  "Database of State Incentives for Renewables and Efficiency (DSIRE)"