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 It pays to upgrade in Virginia!

 

The State of Virginia provides an array of green incentives for businesses and consumers. Check out these offerings.

Grant
Eligible Applicant
Amount
Comments
Consumers
20% of the sales tax, not to exceed $500
· ENERGY STAR qualified clothes washers, room air conditioners, dishwashers, and standard size refrigerators
·  Fuel cells
·  Energy-efficient gas heat pumps
·  Energy-efficient electric heat pump hot water heaters
·  Energy-efficient electric heat pumps
·  Energy-efficient central air conditioners
·  Energy-efficient gas or oil water heaters
·  Energy-efficient oil-fired boilers
·  Energy-efficient oil-fired furnaces
·  Programmable thermostats
Consumers
Sales tax exemptions
From October 10 through October 13, 2008, the following ENERGY STAR and WaterSense qualified products that cost $2,500 or less will be exempt from Virginia state sales tax:
·   Compact fluorescent light bulbs (CFLs)
·   Ceiling fans
·   Clothes washers
·   Dehumidifiers
·   Dishwashers
·   Programmable thermostats
·   Refrigerators
·   Room air conditioners
·   High-efficiency toilets
·   Bathroom sink faucets
State Based Anemometer Loan Program (SBALP)
Land owners
 
For program and application information, visit http://sbalp.cisat.jmu.edu.
Local Property Tax Exemption for Solar
Property Owners
Amount of exemption set by each locality
Contact your local government to see if it is a participating locality.
Net Metering
Residential and non-residential electric customers
Renewable electric systems up to 10 kilowatts for residential and 500 kilowatts for non-residential electric customers
 
Biodiesel and Green Diesel Fuels Producers Tax Credit
Biodiesel producers
Nonrefundable credit against taxes in an amount equal to $0.01/gallon produced, not to exceed $5,000.
Code of Virginia Section 58.1-439.12:02, Biodiesel and Green Diesel Fuels Producers Tax Credit
Biofuels Production Incentive Grant Program
Biofuels producers
Producer eligible to receive grant in an amount equal to $0.10/gallon of neat biofuels sold on or after January 1, 2007. Producer must sell at least 2 million gallons of neat biofuels in a year.
Code of Virginia Section 45.1-394, Biofuels Production Incentive Grant Program

Updated: May 15, 2008

 

 

 

 

 

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