Clean Energy Technology Device Manufacturers' Credits (Delaware)
Last modified on February 12, 2015.
|Applies to States or Provinces||Delaware|
|Name||Clean Energy Technology Device Manufacturers' Credits (Delaware)|
|Policy Category||Financial Incentive|
|Policy Type||Corporate Tax Incentive|
|Affected Technologies||Concentrating Solar Power, Fuel Cells, Geothermal Electric, Solar Photovoltaics, Wind energy|
|Implementing Sector|| State/Province
|Program Administrator||Delaware Division of Revenue|
|Primary Website|| http://delcode.delaware.gov/title30/c020/sc05/index.shtml
|Last Review|| 2014-09-15
Qualified manufacturers can apply for a tax break equal to 75% of the corporation income tax. The incentive is an increase from the Investment and Employment Credit Against Corporation Income Tax, raising the multiplier of the credit for the number of employees from $500 to $750. The business must have made an investment of at least $200,000 in the past 12 months, and must employ at least five people.