State Incentives for Renewable Energy Business
A recent analysis of state programs revealed 19 states that had a total of 26 programs specific to attracting renewable energy companies. Tax credits against corporate income and property levies are the most popular programs, but there are tax exemptions, abatements, and reductions as well. Several states offer grants and loans (including loan guarantees). And the state of Kansas is offering bond financing for solar or wind manufacturing projects.
Richard K. Greene, Senior Associate, Investment Consulting Associates (Nov 09)