Federal Incentive Program

The Renewable Energy Production Incentive (REPI) is managed by the U.S. Department of Energy and provides financial incentive payments for electricity generated and sold by new qualifying renewable energy generation facilities. Qualifying facilities are eligible for annual incentive payments of 1.5 cents per kilowatt-hour (1993 dollars and indexed for inflation) for the first 10-year period of their operation, subject to the availability of annual appropriations in each Federal fiscal year of operation.

REPI is part of an integrated strategy in the 2005 Energy Policy Act to promote increases in the generation and utilization of electricity from renewable energy sources and to promote market utilization of renewable energy technologies.

Heapy Engineering can assist in determining the potential for your project to apply toward the Federal Business Energy Investment Tax Credit (ITC).  This grant has no maximum incentive amount for solar and wind projects, and can allow for a tax credit of up to 30%.

In addition, The American Recovery and Reinvestment Act of 2009 created a renewable energy grant program that is administered by the U.S. Department of Treasury. This cash grant may be taken in lieu of the federal business energy investment tax credit (ITC).

Database of current Federal, State, and Utility incentive programs:
Database of State Incentives for Renewables & Efficiency, www.dsireusa.org

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