Wonder

Log in

Research Outline

Prepared for Amanda D. | Delivered January 16, 2020

Incentives for More Sustainable and Greener Businesses

Goals

To find out about government tax incentives and support for small businesses becoming more sustainable or greener. Incentives can be on a federal level or in NY, CT, RI, MA.

Early Findings

Business Energy Investment Tax Credit

  • The Business Energy Investment Tax Credit provides a federal tax credit for renewables including solar, geothermal, fuel cells and wind.
  • The credits are 26% for solar, fuel cells, wind, and 10% for geothermal, microturbines and CHP.

New York

  • New York has 123 energy efficiency programs. These include commercial and residential programs and incentives.

Connecticut

  • Connecticut has 77 energy efficiency programs. These include commercial and residential programs and incentives.

Rhode Island

  • Rhode Island has 57 energy efficiency programs. These include commercial and residential programs and incentives.

Massachusetts

  • Massachusetts has 99 energy efficiency programs. These include commercial and residential programs and incentives.
Early findings suggests that the only available tax incentive at a federal level have been detailed above. The Renewable Electricity Production Tax Credit expired in December 2019.