Renewable energy system cost recovery

From the 2024 DOR Tax Exemption Study

Det. No.12-0021, 32 WTD 22 (January 10, 2013) 24 • The Special Purpose Entity that [the solar power system seller] will create to own and operate the solar equipment will be either a Washington Limited Liability Company OR a Washington Cooperative Corporation. We seek a ruling on whether either or both entity types are eligible applicants for the Washington Production Incentive in the scenario described above. Request for Letter Ruling, October 28, 2010 (bracketed terms ours). On November 4, 2010, the TI&E section issued the following ruling in response: A solar energy system owned and operated by a Special Purpose Entity that [the solar power system seller] will create placed [sic] on property owned by the [building owner] does not meet the requirements under WAC 458-20-273 for the renewable energy system cost recovery incentive payment either as a standard system or a community solar project. To qualify for incentive payments under this program, except for a community solar project, the applicant must own the system, own the property the system is placed on, and have an account with the local light and power company for that property. Only a community solar project can qualify on