Solar & Battery Regulation & Incentive Programs

Sales and Use Tax Exemption for Renewable Energy Property

Program Overview


Category:
Financial Incentive
Program Type:
Sales Tax Incentive
Implementing Sector:
State
State:
Nebraska
Eligible Storage Technologies:
Geothermal Electric, Solar Thermal Electric, Solar Photovoltaics, Wind (All), Biomass, Hydroelectric, Hydroelectric (Small), Anaerobic Digestion, Other Distributed Generation Technologies
Website:
https://nebraskalegislature.gov/laws/statutes.php?statute=77-5725
Incentive Amount:
100%
Equipment Requirements:
Equipment investment must meet or exceed $20,000,000
Administrator:
Nebraska Department of Revenue
Applicable Sectors:
Industrial, Investor-Owned Utility, Municipal Utilities, Cooperative Utilities, Installers/Contractors
Start Date:
06/04/2013
Expiration Date:
12/31/2017
Last Updated:
07/31/2020

Summary

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.


Authorities

NameEnacted DateEffective DateExpired Date
N.R.S. 77-572506/04/201306/04/2013