Incentives
Community Wind Toolbox Chapter 10: Tax Incentives
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In order to be financially competitive, most wind projects need to take advantage of federal and, where available, state tax incentives. It is critical to understand the role and mechanics of tax incentives while developing a commercial-scale community wind project because these incentives can represent one-half to two thirds of the total revenue stream over the first 10 years of operation due to the Federal Production Tax Credit (PTC) and Modified Accelerated Cost-Recovery System (MACRS) or other type of depreciation that can be applied to wind energy assets. You will need to consult a tax professional in the early stages of project planning to ensure that your financial projections are valid and accurately take into account the project’s tax burden and benefits.
A Survey of State Support for Community Wind Power Development
A Survey of State Support for Community Wind Power Development by Mark Bolinger of Lawrence Berkeley National Laboratory, published March 2004.
Database of State Incentives for Renewables and Efficiency
The Database of State Incentives for Renewables and Efficiency (DSIRE) is a comprehensive database of incentives for wind and other forms of renewable energy. It is a great resource for up-to-date policy information.
State Property Tax Incentives for Wind
Many states have property tax incentives for wind energy.
Look for more information on the DSIRE web site.
State Sales Tax Exemption for Wind Systems
Fourteen states exempt wind energy equipment from sales taxes.

