Tennessee – Sales and Use Tax Credit for Emerging Clean Energy Industry

Tennessee – Sales and Use Tax Credit for Emerging Clean Energy Industry

Incentive Type  Industry Recruitment/Support
Eligible Technologies  Solar Water Heat, Solar Space Heat, Solar Thermal Electric, Solar Thermal Process Heat, Photovoltaics, Landfill Gas, Wind, Biomass, Hydroelectric, Geothermal Electric, Geothermal Heat Pumps, Hydrogen, “Clean Energy Technology”, Solar Pool Heating, Anaerobic Digestion, Small Hydroelectric, Other Distributed Generation Technologies
Applicable Sectors  Commercial, Industrial
Incentive Amount  Tax rate reduced to 0.5%
Terms Taxpayer must make $100 million investment (minimum) and create 50 full-time jobs at 150% rate of Tennessee’s average occupational wage.
Eligible System Size(s) None Listed
Equipment Standards None Listed
Installation Standards None Listed
Start Date  07/01/2009

More Information Contact:

Department of Revenue Information
Tennessee Department of Revenue
Andrew Jackson Building, Room 1200
Nashville, TN 37242-1099
Phone: (615) 741-2461
E-Mail: [email protected]
Web Site: http://www.tennessee.gov/revenue/

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