Glossary

The EV Expansion for Freight Companies Credit provides tax incentives for freight companies to adopt electric vehicles, encouraging sustainable and eco-friendly logistics.

The Community Wind Energy Sharing Credit is a tax incentive promoting investment in community-based wind energy projects.

The Municipal Climate Resilience Credit is a tax incentive aimed at promoting sustainability in urban areas by funding projects that bolster city resilience against climate change.

The Low-Income Urban Farming Credit is a tax incentive offered to individuals and businesses that engage in urban farming activities in low-income areas. Its aim is to promote food access, stimulate local economies, and support sustainable agricultural practices.

The Residential Solar Thermal Tax Credit incentivizes homeowners to invest in solar thermal energy systems for water heating, providing tax credits to reduce the initial investment costs.

The Renewable Energy Inclusion Workforce Credit is a tax incentive promoting diversity in the renewable energy sector. It encourages hiring from underrepresented communities.

The Small Business Disaster Recovery Credit is a tax credit designed to assist small businesses in financial recovery after a disaster.

The Statewide EV Infrastructure Development Credit supports the expansion of electric vehicle infrastructure through tax incentives, promoting sustainable transportation.

The Public Smart Grid Workforce Credit incentivizes the development of a skilled workforce for smart grid advancements, offering tax benefits to eligible entities. Compliance with this credit can enhance financial planning and energy sector growth.

The Disaster-Resilient Workforce Housing Credit aims to incentivize the development of housing that can withstand natural disasters, supporting communities and promoting economic stability in vulnerable areas.