Iowa
Incentives/Policies for Renewables & Efficiency
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Last DSIRE Review: 07/20/2009
| Incentive Type: |
Sales Tax Exemption |
| State: |
Iowa |
| Eligible Renewable/Other Technologies: |
Solar Water Heat,
Solar Space Heat,
Solar Thermal Electric,
Solar Thermal Process Heat,
Photovoltaics,
Wind,
Solar Pool Heating
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| Applicable Sectors: |
Commercial,
Residential,
General Public/Consumer,
Agricultural
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| Amount: | 100% of sales tax |
| Maximum Incentive: | None |
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Web Site: |
http://www.state.ia.us/tax/educate/salespubs.html
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Authority 1:
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IA Code § 423.3 (Sec. 54, 90)
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Summary:
This statute exempts from the state sales tax the total cost of wind energy equipment and all materials used to manufacture, install or construct wind energy systems. The exemption does not apply to equipment used to construct a plant to manufacture wind energy systems. As of July 1, 2006, solar energy equipment is also exempt from the state sales tax. Solar equipment means any equipment that is used to convert incident solar radiation to energy, or equipment used to transform the converted energy to storage or to some point of use. As of July 2008, the Iowa sales tax rate is 6%.
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Contact:
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Taxpayer Services - DOR
Iowa Department of Revenue
Hoover Building, Taxpayer Services
1305 E. Walnut
Des Moines, IA 50319
Phone: (515) 281-3114
Phone 2: (800) 367-3388
Web Site: http://www.state.ia.us/tax/index.html
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Please note: The information on the DSIRE web site provides an overview of incentives and other policies, but it should not be used as the only source of information when making purchasing decisions, investment decisions, tax decisions or other binding agreements. Please refer to the individual contact provided in each record to verify that a specific incentive or other policy is applicable to your specific project.
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