Methane Energy Replacement Generation Tax Exemption
| Eligible States | IA |
| Type | Tax Exemption |
| Area of Interest | Renewable Energy |
| Description |
Iowa imposes a replacement generation tax of 0.06 cents per kilowatt-hour on various forms of electricity generated within the state. This tax is imposed in lieu of a property tax on generation facilities. All energy generated by methane gas conversion property (including digester gas facilities) is exempt from the replacement generation tax for a period of 10 years. The exemption may only be claimed if the facility is placed in service between January 1, 2008 and December 31, 2012. |
| Eligible Organizations | All |
| How to Apply | Applications must be filed with the assessing authority each year for which the exemption is requested on forms provided by the Department of Revenue and Finance. |
| For More Information | http://www.energy.iowa.gov  |
| Primary Contact | Scott Bents Iowa Office of Energy Independence Wallace Building 502 E. 9th Street Des Moines, IA 50319 (515) 725-0430 scott.bents@iowa.gov |