How do I know whether there are tax credits available?
In accordance with the requirements of the Georgia Clean Energy Property Tax Credit, the Georgia Department of Revenue will provide a report within 30 days of the close of each quarter that describes the status and availability of credits. A link will be posted to the report when it is available.
Can I claim the credit for eligible equipment installed in a previous tax year?
No. According to O.C.G.A 48-7-29.14, “A credit allowed by this Code section shall be taken for the taxable year in which the clean energy property is installed and may be taken against income tax or, if the taxpayer is an insurance company, against gross premium tax”
Can I "reserve" a tax credit if I have not yet installed my clean energy property?
No. O.C.G.A 48-7-29.14, " A tax credit is allowed against the tax imposed under this article to a taxpayer for the construction, purchase, or lease of clean energy property that is placed into service in this state between July 1, 2008, and December 31, 2012. Generally speaking, the term "placed in service" means that the property is operational or able to function as intended. Additional questions regarding "placed in service" should be directed to Pamela Goshay at the Department of Revenue, 404.417.2441.
Who can answer technical questions?
The state of Georgia cannot provide technical assistance on an individual basis. Please consult an experienced professional to determine whether your clean energy property may be eligible for the Georgia Clean Energy Tax Credit. Please note it is the responsibility of the taxpayer to ensure that clean energy property is eligible for the Clean Energy Tax Credit before claiming the credit. Taxpayers are subject to audit.
Who do I ask questions related to the Clean Energy Property Tax Credit?
If you have questions regarding preapproval of the credit contact Beverly Bennett at 404-417-2422.
If you have technical questions regarding the credit program contact Pamela Goshay at 404-417-2441.
Who do I ask questions related to the Wood Residuals Tax Credit?
If you have questions regarding the Wood Residuals Tax credit contact Devon Dartnell at the Georgia Forestry Commission, 706-542-9219.
Do I have to be qualified, certified or licensed to install clean energy property?
The Georgia Clean Energy Property Tax Credit does not require special license or certification for contractors to install the specific types of clean energy property defined by O.C.G.A. 48-7-29.14 however certain types of contractors must be licensed in accordance with state law. Visit the Office of the Secretary of State for more information.
Do I have to get a permit to install clean energy property?
Youn may require building, environmental or other permits to install clean energy property. Contact your local jurisdiction to determine whether permits are required.
How do I know if I have been granted to credit?
The Department of Revenue has 60 days to tentatively approve the tax credit. Approval of the clean energy property tax credit and wood residuals tax credit is subject to audit by the Georgia Department of Revenue’s Compliance Division. Upon approval by the Commissioner of the Department of Revenue, a signed copy of Form IT-CEP-AP will be returned to you and you may then claim the credit on your tax return when it is filed. Please attach copies of the approved Form IT-CEP-AP and Form IT-CEP to your Georgia income tax return when claiming the clean energy property tax credit and/or wood residuals tax credit.
My solar hot water system requires more/different components than are described in the FSEC or SRCC standards - is it eligible for the tax credit?
GEFA is considering solar hot water systems eligible for the tax credit as long as the collectors are certified by one of the standards AND the rest of the components are necessary for the operation of the system. GEFA reserves the right to determine whether a component is eligible or not in this case.
Is it permissible to use a custom software package (other than ComCheck) to demonstrate compliance with the Energy Efficient Lighting Tax Credit?
It is permissible, however the output from the software must provide all information necessary to enable GEFA to determine whether the requirements of O.C.G.A. 48-7-29.14 have been met. please contact us in advance to ensure the processing of your preapplication is not delayed.
Other Questions?
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