Solar and Wind Manufacturing Incentive (Kansas)
Last modified on February 12, 2015.
Financial Incentive Program
|Name||Solar and Wind Manufacturing Incentive|
|Incentive Type||Industry Recruitment/Support|
|Applicable Sector||Commercial, Industrial|
|Eligible Technologies||Solar Water Heat, Solar Thermal Electric, Photovoltaics, Wind|
|Energy Category||Renewable Energy Incentive Programs|
|Terms||Manufacturers must meet minimum requirements for investment in the state, number of employee, and salaries|
|Program Administrator||Kansas Department of Commerce|
|References||DSIREDatabase of State Incentives for Renewables and Efficiency|
Manufacturers of solar or wind equipment or components in Kansas may be eligible for financing through the Kansas Department of Commerce to support research, development, engineering or manufacturing projects. To qualify the project must result in at least $30,000,000 in new investments in Kansas and the hiring of at least 200 new employees within 5 years, with an average annual compensation of at least $32,500 per Kansas employee.
The manufacturer must apply for financing to the Kansas Department of Commerce, which will request that the Kansas Development Finance Authority issue bonds to finance the project. Individual solar or wind projects are eligible for up to $5,000,000 in financing. The principal and interest of the bonds are retired using the payroll tax withholding from the new jobs.
More information is provided by this Kansas Business Center brochure.
|Contact Name||Barbara Hake, CEcD|
|Department||Kansas Department of Commerce|
|Division||Business Recruitment Manager|
|Address||1000 SW Jackson Street, Suite 100|
Authorities (Please contact the if there are any file problems.)
|Authority 1:||Kansas Statute 74-50,136|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.