Renewable Energy Generation Incentives

• Clean Electricity Production Tax Credit 45/45Y: a federal tax credit for producing clean electricity
• Clean Electricity Investment Tax Credit 48/48E: a federal tax credit for investing in the installation of clean electricity equipment
• Low-Income Communities Bonus Credit 48(e) & 48E(h): a federal tax credit for investing in the installation of clean electricity generation or storage equipment in specified communities

Other Statewide Policies

• Solar and Wind Sales Tax Exemption
  • Arizona exempts from sales tax the retail sale of solar and wind energy devices and the installation of these devices by contractors.
• Energy Equipment Property Tax Deduction
  • Arizona property tax assessments consider on-site renewable energy systems and energy-efficient building components to add no value to properties.
• Property Tax Assessment for Renewable Energy Equipment
  • Arizona taxes renewable energy and energy storage property at a lower rate — 20% of its depreciated cost.