Quick Reference  |  Summary

Qualified Energy Project Tax Exemption

Purpose

The program is intended to encourage the development of clean energy projects in Ohio.

Program

The Qualified Energy Tax Exemption Program provides owners of clean energy projects with an exemption for tax liabilities. The program consolidates all tax liabilities into one flat fee. The recipient pays a per-megawatt tax based on the facilities' total capacity for power production and the percentage of Ohio workers used in the construction of the facility.

Note that large energy facility projects (above 5 mega-watts) must also receive with the consent of the Board of County Commissioners in which the project is located.

For Whom

Alternative energy companies.

Program Contact

Office of Strategic Business Investments, Tax Incentives Section. John Werkman, (614) 466-6791

Related Assistance

Legal Basis/ Funding

Ohio Revised Code 5727.75

Tax Credit Funded

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