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Explore various state and federal incentives available in Arizona's solar industry, from tax credits to training programs, aimed at boosting business growth and employment. Discover how to qualify for grants, hiring credits, and investment incentives to drive sustainability and innovation.
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OPTIMIZING INCENTIVES FOR THE SOLAR INDUSTRY Presented to: The Arizona Solar Power Society
State and Federal agencies offer Tax credits and hiring incentives to businesses located in disadvantaged or targeted growth areas, Programs to encourage hiring and retention of qualified employees, and Grant funds to train workers in the community to increase their technical skills or basic skills INTRODUCTION 1 2 3
What’s Available? Training Incentives Targeted Hiring Credits Job Creation Incentives “Green” Incentives Enterprise Zone Credits Negotiated Incentives
Stimulus Funds – Grants Energy Efficient Commercial Buildings Tax Deduction Renewable Energy Production Tax Credits Business Energy Investment Tax Credit (ITC) Federal Incentives The Department of Energy recently awarded $25 Million to sustainable energy consortiums.
Alternative energy manufacturing/HQ (SB1403) Purchases of solar energy devices (HB2491) Utility rebates (APS/SRP/TEP, etc) Pending legislation for renewable energy production State Incentives
SB 1403 – Renewable Energy Manufacturers Up to 10% of qualifying investment Up to an 80% property tax reclassification Both real and personal Refundable credit SB1403 – Summary of Benefits
Utility Programs Negotiated Incentives Public/Private Partnerships Local Incentives
For a free analysis of the incentives that you qualify for or to learn more about the programs discussed today… Bill Becker, CEO Incentives Advisors, LLC. (480) 362-9516 bill.becker@incentivesadvisors.com www.incentivesadvisors.com TO LEARN MORE…