Monday, July 25, 2011

kansas wind energy incentives

Kansas is one of the best states for wind power for two reasons: it's abundant wind energy and it's fantastic wind incentives and rebates. Here is a quick summary:

Summary: 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 an 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.

It's ending soon, act quickly!

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