Glossary

Offshore Renewable Energy Credits (ORECs) offer tax incentives to support the development of offshore renewable energy projects, enhancing environmental sustainability.

Residential Renewable Energy Storage Credit provides tax incentives for homeowners investing in energy storage systems, promoting sustainability and energy independence.

The Urban Development Green Credit incentivizes sustainable urban projects, offering tax benefits for developers implementing eco-friendly practices.

The Workforce Equity and Diversity Tax Credit is a tax incentive designed to promote workplace diversity and equity. It encourages companies to implement inclusive hiring practices and offers financial benefits for meeting specific diversity criteria.

The Local Energy Innovation Credit is a tax incentive aimed at encouraging investment in sustainable energy projects by offering tax credits to eligible entities.

The Low-Income Energy Bill Assistance Credit helps qualified low-income individuals reduce their energy bills. Learn about eligibility, filing, and benefits.

The EV Battery Recycling Tax Credit promotes environmental sustainability by offering incentives for recycling electric vehicle batteries.

The Statewide Disaster Preparedness Credit incentivizes businesses and individuals to engage in disaster readiness activities, providing tax relief for eligible preparedness investments.

The Public Health Resilience Credit is a tax incentive aimed at enhancing national resilience by supporting public health initiatives and emergency preparedness.

The Tax Credit for Small Business Recovery is designed to support small businesses facing economic challenges, offering them financial relief through specific tax credits.