The Alternate Energy Production Credit allows individuals and businesses to claim a credit for a percentage of the costs associated with installing alternative energy production equipment.
Any individual, corporation, partnership, or small business with qualifying expenditures.
A $5000 or more investment in property:
35% of eligible expenditure, reduced for any grants provided by state or federal governments for that system.
The credit must be claimed in the first year the asset is in service and can be carried forward up to seven years.