This program is no longer available.
Manufacturers of solar or wind equipment or components in Kansas may be eligible for financing through the Kansas Department of Commerce to support research, development, engineering or manufacturing projects. To qualify the project must result in at least $30,000,000 in new investments in Kansas and the hiring of at least 200 new employees within 5 years, with an average annual compensation of at least $32,500 per Kansas employee.
The manufacturer must apply for financing to the Kansas Department of Commerce, which will request that the Kansas Development Finance Authority issue bonds to finance the project. Individual solar or wind projects are eligible for up to $5,000,000 in financing. The principal and interest of the bonds are retired using the payroll tax withholding from the new jobs.
More information is provided by this Kansas Business Center brochure.
| Implementing Sector: | State |
| Category: | Financial Incentive |
| State: | Kansas |
| Incentive Type: | Industry Recruitment/Support |
| Web Site: | http://www.kansascommerce.com/index.aspx?NID=135 |
| Administrator: | Kansas Department of Commerce |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
|
| Incentive Amount: | Varies |
| Maximum Incentive: | $5,000,000 |
| Terms: | Manufacturers must meet minimum requirements for investment in the state, number of employee, and salaries |
| Name: | Kansas Statute 74-50,136 |
| Date Enacted: | 04/06/2009 |
| Expiration Date: | 07/01/2013 |
| Name: | Barbara Hake, CEcD |
| Organization: | Kansas Department of Commerce |
| Address: |
1000 SW Jackson Street, Suite 100 Topeka KS 66612 |
| Phone: | (913) 345-8347 |
| Email: | bhake@kansascommerce.com |
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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