The maximum tax credit that can be claimed for a qualified system in any one year is $2 million. The tax credit for wind and biomass* systems equals $0.01 per kilowatt-hour (kWh) for the first 200,000 megawatt-hours (MWh) of electricity produced in a calendar year for a period of ten years. The tax credit for photovoltaics (PV) and solar thermal electric systems varies depending on the year of electricity production according to the following schedule:
|Incentive Type:||Personal Tax Credit|
|Administrator:||Arizona Department of Revenue|
|Eligible Renewable/Other Technologies:||
Wind and Biomass: $0.01/kWh, paid for 10 years
Solar: Varies by year (see below), paid for 10 years
|Maximum Incentive:||$2 million per year|
|Eligible System Size:||5 MW minimum|
|Carryover Provisions:||Unused credit may be carried forward for 5 years|
|Technologies:||Wind (All), Biomass, Landfill Gas|
|Parameters:||The incentive is 0.01 $/kWh (10 years)|
|Name:||A.R.S. § 43-1083.02|
|Name:||AZ Department of Revenue|
1600 West Monroe St.
Phoenix AZ 85007
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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