Combined Heat and Power Partnership
Investment Tax Credit
| Date Last Updated | 5/9/2013 |
| Incentive Type | Tax |
| State/Federal | VT |
| Incentive Administrator/Contact Office | Vermont Department of Taxes |
| Incentive Initiation Date | 7/1/2008 |
| Incentive Expiration Date | 12/31/2016 |
| Incentive Size and Funding Source | The State of Vermont offers an investment tax credit for installations of renewable energy equipment on business properties. The credit is equal to 24% of the "Vermont-property portion" of the federal business energy tax credit from 2011 to 2016. For microturbines, and CHP systems, the credit is a 2.4% state-level tax credit for systems place in service on or before 12/31/2016. Any unused tax credit may be carried forward for 5 years. |
| Eligible Recipient | Commercial, industrial and agricultural owners of renewable energy equipment located on business properties. |
| Eligible Fuel | Does Not Specify |
| Eligible Project Size (MW) | Does Not Specify |
| Minimum Efficiency Required (%) | Does Not Specify |
| Resource Website(s) |
