Tax Credits, Rebates and Savings

Rural Energy for America Program Grant (REAP Grants): Provides grants for small businesses in rural areas to perform energy audits, make energy efficiency improvements, and install renewable energy systems.

Idle Reduction Equipment Excise Tax Exemption: Businesses that invest in qualified on-board idle-reduction devices and systems in heavy-duty trucks are exempt from the federal excise tax imposed on the retail sale of heavy-duty trucks and trailers.

Advanced Technology Vehicle Manufacturing Loan Program: Provides loans to manufacturers of automobiles and automobile parts to help cover the costs of re-equipping, expanding, and establishing manufacturing facilities that manufacture advanced technology vehicles.

Alternative-Fuel Tax Credit: Available to corporations that are subject to the Kansas corporate income tax, i.e. C corporations.

Renewable Electricity Production Tax Credit (PTC): Wind, geothermal, closed-loop biomass and solar systems are eligible for some tax credits.

Rural Energy for America Program Rural Energy for America Program Grants/Renewable Energy Systems/Energy Efficiency Improvement Program (REAP/RES/EEI): Provides grants to agricultural producers and rural small businesses to perform energy audits, make energy efficiency improvements, and install renewable energy systems.

Certified Development Company Economic Development Loan Program: Allows small business owners to buy, build, or renovate commercial real estate. These loans can be used to purchase energy efficient machinery and equipment, or to conduct other energy efficiency renovations.

U.S. Department of Energy Guaranteed Loan Program: Provides loan guarantees to eligible commercial projects that utilize advanced renewable energy technologies.

Business and Industry Guaranteed Loan (B&I) Program: For businesses looking to invest in programs that create jobs and stimulate rural economics, the Rural Development division of the Department of Agriculture (USDA) will guarantee up to 80% of a loan made by a commercial lender.

Intermediary Relending Program (IRP): Provides loans for businesses that are developing business facilities or community development projects.

Rural Business Development Grant (RBDG) Program: Provides financing to facilitate development of small and emerging private businesses.

Waste Heat Utilization System Tax Credit: Systems designed to capture waste heat generated in the process of generating electricity and to use this heat to generate additional electricity or to produce renewable fuels are exempt from state property taxes for 10 years following installation.

High Performance Incentive Program (HPIP): Companies that pay above-average wages and meet investment requirements for developing the skills of their workers are eligible to receive an investment tax credit equal to 10% of eligible investments that exceed $50,000.

Combined Heat and Power (CHP) Investment Tax Credit: An incentive for the installation of combined heating and power (CHP) units, a sustainable alternative to conventional boiler systems. The credit is equal to 10% of expenditures, with no maximum limit stated. Contact the U.S. Internal Revenue Service (IRS), 1-800-829-4933, or your local IRS office.

Carbon Dioxide Capture/Sequestration Tax Deduction: Businesses are allowed to deduct from state income taxes the amortized costs of machinery and equipment used to capture and sequester carbon dioxide.

Tax Credits, Rebates and Savings

U.S. Department of Agriculture Rural Development's Direct Housing Loans: This program provides low interest loans to rural homeowners for critical home improvements, such as weatherization, insulation, and new heating systems.

Federal Tax Credits for Consumer Energy Efficiency: Tax credits are available for geothermal heat pumps, small wind turbines, solar energy systems (solar water heaters and photovoltaic systems), and fuel cells in existing homes and new construction.

Alternative Fuel Vehicle Refueling Property Credit: You may be eligible for a credit under Section 30C(c) if you purchased alternative fuel vehicle refueling property before January 1, 2017 and placed it in service in the year in which you claim the credit.

Kansas Housing Resources Corporation: Home weatherization assistance eligibility and application instruction.

Investment Tax Credits for Residential Microturbines and Fuel Cells: Renewable energy tax credits for fuel cells, small wind turbines, and geothermal heat pumps at taxpayer's principal residence.