Section 1603 Cash Grants for Renewable Energy

The American Recovery and Reinvestment Act of 2009 created a grant program for taxpayers eligible for the business energy investment tax credit. A facility owner can choose to receive a one-time grant equal to 30 percent of the construction and installation costs for the facility, as long as the facility is depreciable or amortizable. Eligible projects include anaerobic digesters, landfill gas, solar, and wind. The facility must be placed in service in 2009, 2010, or 2011 or construction must begin in any of those years and be completed prior to the end of 2014.