Personal Exemption
From Open Energy Information
Personal tax incentives include personal income tax credits and deductions. Many states offer these incentives to reduce the expense of purchasing and installing renewable energy or energy efficiency systems and equipment. The percentage of the credit or deduction varies by state, and in most cases, there is a maximum limit on the dollar amount of the credit or deduction. An allowable credit may include carryover provisions, or it may be structured so that the credit is spread out over a certain number of years. Eligible technologies vary widely by state. In recent years, the federal government has offered personal tax incentives for renewables and energy efficiency. [1]
Personal Exemption Incentives
| Incentive | Incentive Type | Place | Applicable Sector | Eligible Technologies | Active |
|---|---|---|---|---|---|
| Exemption + Fee for Alternative Fuel Vehicles (Oklahoma) Personal Exemption | Personal Exemption | Oklahoma: Energy Resources | Residential | Methanol | No |
| Residential Energy Conservation Subsidy Exclusion (Personal) (Federal) | Personal Exemption | United States: Energy Resources | Residential Multi-Family Residential | Solar Water Heat Solar Space Heat Solar Power | Yes |