Sales and Use Tax Exemption for Renewable Energy Property

Program Sales and Use Tax Exemption for Renewable Energy Property
Category Financial Incentive
Implementing sector State
Last Update
State Nebraska
Administrator Nebraska Department of Revenue
Website https://nebraskalegislature.gov/laws/statutes.php?statute=77-5725
Start Date
Technologies Solar Thermal Electric, Solar Photovoltaics

Nebraska allows for a refund of the sales and use taxes paid for a renewable energy system used to produce electricity for sale. Investment in qualified property of at least thirty million dollars or for the production of electricity by using one or more sources of renewable energy to produce electricity for sale as described in subdivision (1)(j) of section 77-5715, investment in qualified property of at least twenty million dollars. The law describes eligible sources of renewable energy as including, but not limited to, wind, solar, geothermal, hydroelectric, biomass, and transmutation of elements. This refund does not apply to the first 1.5% of sales tax charged by a municipality.  

Note that partial recapture of benefits is possible if the taxpayer or tax-paying entity does not maintain the number of equivalent employees as they had in the base year. 

More information can be found here.

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