Funding Resources
Funding Resources
| FL Renewable Energy Production Tax Credit | |
|---|---|
| Type of Incentive | Tax |
| Eligible States | FL |
| Eligible Technology | Backpressure Turbine, Boiler, Combustion Turbine, Condensing Turbine, Extracting Turbine, Fuel Cell, Microturbine, Other, Reciprocating Engine, Heat Recovery Generator, Stirling Engine |
| Eligible Fuel | Biogas, Biomass, Hydrogen, LFG, Municipal Solid Waste, Waste Heat Recovery |
| Eligible Project Size | All (MW) |
| Number of Awards |
|
| Size of Award | In June 2006, a renewable energy production tax credit was established in Florida (SB 888) to encourage the development and expansion of renewable energy facilities in the state. This annual corporate tax credit is equal to $0.01/kWh of electricity produced and sold by the taxpayer to an unrelated party during a given tax year. For new facilities (placed in service after May 1, 2006) the credit is based on the sale of the facility's entire electrical production. For an expanded facility, the credit is based on the increases in the facility's electrical production that are achieved after May 1, 2006. |
| Start Date | 1/1/2007 |
| End Date | 6/30/2010 |
| Minimum Efficiency(%) |
|
| Additional Information | For the purposes of this credit, renewable energy includes "electrical, mechanical, or thermal energy produced from hydrogen, biomass, geothermal energy, waste heat, or hydroelectric power." |
| Web Site | http://www.dep.state.fl.us/energy/energyact/incentives.htm ![]() |
| Additional Web Site | http://www.dsireusa.org/library/includes/ incentivesearch.cfm?Incentive_Code=FL36F&Search=Technology&techno=combined_heat_power¤tpageid=2&EE=1&RE=1 ![]() |
| Primary Contact | Taxpayer Services 1379 Blountstown Hwy Tallahassee, FL 32304-2716 U.S.A. (800) 352-3671 |
![[logo] US EPA](http://www.epa.gov/epafiles/images/logo_epaseal.gif)
