Tax incentives

TAX INCENTIVES

 Tax Credits for Qulified Tax Exempt Entities

 25% on local manufactured products with carryover to future taxable years

Example:

 PV modules cost: $ 210,000

-25% tax credit 52,500

Adjusted cost of PV modules $ 157,500

 Incentives

 25% on local manufactured products with carry over to future taxable years

 Small Scale Projects (0-100Kw)

 Up to 60% of cost of equipment and installation

 Medium Scale Projects (101Kw – 1MW)

 Up to 50% of cost of equipment and installation

 Large Scale Projects (1MW-up)

 PPA (Power Purchase Agreement) with PREPA

 RECs; 1 REC = 1MW of production

• Makes payments of up to 30% to eligible persons who place in service specified energy property and apply for such payments.

Pevafersa America