Financial Resources
and Incentives
There are a number state, local, utility, and federal incentives
designed to encourage the exploration, production, conservation
and efficient use of energy and natural resources.
Some involve public-private cooperative endeavors other provide
public funds, and many involve tax or other investment benefits.
Below are a few that directly affect the state of Louisiana.
Combined List of State And Federal Incentives
(xls 162KB) (pdf 82KB)
DSIRE - Database of State Incentives
for Renewable Energy
DSIRE is a comprehensive source of information on state, local, utility, and federal incentives that promote renewable energy and energy efficiency.
Click Here for More Details
Incentives
- Louisiana Wind Energy System or Solar Energy System Tax Credit
La. Revenue Information Bulletin No. 07-025
September 13, 2007
- Emergency Rule Concerning Administration of the Wind/Solar Tax Credit
Wind or Solar Energy Systems Tax Credits
(LAC 61:I.1907)(pdf)
- Alternative
Fuel Vehicle Incentives and Laws
- Cogeneration
- Energy, Extenders, AMT and Disaster Tax
Provisions in the “Emergency Economic Stabilization Act of 2008”
October 1, 2008
- Energy Policy Act of 2005
- Geothermal
Heating and Cooling Systems (Heat Pumps) Incentives
- EPAct2005:
Tax Credit Opportunities for Solar and Energy Efficiency
- Tax
Credits Reward Energy Savers
IRS Gives Breaks for Hybrid Cars, Home Remodels That Save Fuel
or Electricity
- Incentives for the Use of Renewable Energy
- Energy-Efficiency
Home and Vehicle Tax Credits
- IRS
Guidance Helps Consumers Benefit from New Federal Tax Incentives
for Energy Efficiency Home Improvements (February 23, 2006)
- The Tax Incentives
Assistance Project (TIAP)
http://www.energytaxincentives.org/
- U.S. Department of Energy
Energy Efficiency and Renewable Energy
Alternative Fuels Data Center
State & Federal Incentives
United States (Federal) Incentives and Laws
- Federal Solar Incentives
The Energy Policy Act of 2005 (Epact 2005) provides a 30% tax credit incentive of up to $2,000 for solar electric, fuel cell, and solar water heating systems.
Federal Solar Tax Credit Legislation
Federal Solar Tax Credit Summary
- State Solar Incentives
Louisiana provides a 50% tax credit of up to $12,500 for the purchase of solar electric, and solar water heating systems as well as wind energy systems installed on residential property.
Act 371 Legislation
Act 371 Summary
Act 371 Emergency Rules
Louisiana provides a tax exemption for solar electric as well as solar water heating systems installed on residential property.
Solar Property Tax Exemption Legislation
Solar Property Tax Exemption Summary
Rural Clean Energy Business Assistance
Technological Research and Development Authority ( TRDA) offers state-of-the-art technical assistance and capital formation support at no cost to rural clean energy businesses in Florida, Louisiana, Mississippi, and South Carolina.
USDA Grants for Energy Audits at Farms, Ranches, and Rural Small Businesses
Applications for grants must be completed and submitted on paper or electronically no later than June 9, 2009.
Solicitations
Home Energy Loan Program (HELP)
Homeowners can get reduced interest home improvement loans to
make energy-related improvements to their existing homes.
Home Energy Rebate Option (HERO)
Incentives to Louisiana residents who build new homes to high levels
of energy efficiency or make energy improvements to existing homes:
Low Income Programs
- Weatherization Assistance Program
The Department of Energy (DOE) Weatherization Assistance Program
(WAP) is authorized by statute to deliver energy efficiency services
to low-income households and communities. In Louisiana, WAP is administered by the Louisiana Association of Community Action Partnerships (LACAP). WAP services are provided by local agencies throughout the state. To contact the local agency which serves you, click HERE.
- Low Income Home Energy Assistance Program
The Low Income Home Energy Assistance Program (LIHEAP) assists
low-income households, particularly those with the lowest incomes
and disproportionately highest energy costs. In Louisiana, LIHEAP is administered by the Louisiana Association of Community Action Partnerships (LACAP). LIHEAP services are provided by local agencies throughout the state. To contact the local agency which serves you, click HERE.
- Louisiana Association of Community Action Partnerships (LACAP)
LACAP engages in activities designed to elevate the economic and social standards of Louisiana's economically disadvantaged residents. Its multiple programs and responsibilities include the administration of the Low Income Energy Assistance Program (LIHEAP) and the Weatherization Assistance Program (WAP).
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