2007 House Bill 5436

Authorize “net metering” generator income tax breaks

Introduced in the House

Nov. 8, 2007

Introduced by Rep. Mike Nofs (R-62)

To authorize a non-refundable income tax credit of up to $500, equal to 20 percent of cost of installing a generator in a principal residence or residential rental property unit that uses a fuel cell or “renewable” fuel, has a 150 kilowatt capacity or less, and is part of a “net metering” plan in which a customer both generates some electricity which is fed back into the power grid, and also buys some power from the utility. The tax credit would also apply to money spent on an active solar, passive solar, wind, or hydroenergy system used to supply energy to the dwelling.

Referred to the Committee on Energy and Technology