Taxpayers qualified as an alternative energy entity may claim a tax credit in Michigan under the Michigan Next Energy Authority Act. Qualifying business activities include research, development, or manufacturing of an alternative energy system or renewable fuel, including biomass, biodiesel, and landfill gas. This credit
The Michigan Property Assessed Clean Energy (PACE) funding provides property owners with the opportunity to finance energy efficiency, water conservation, and renewable energy projects with no upfront costs. Eligible improvements must decrease energy or water use or generate electricity on-site. PACE funding is available in
Michigan’s Renewable Energy Standard requires utilities, electric cooperatives, municipal electric utilities and alternative retail suppliers to derive 60% of retail energy sales from renewable sources and 100% of retail electricity sales from clean energy sources by 2040. Eligible technologies include geothermal, solar thermal, biomass; biogas,
The C3 Accelerator, hosted by Centrepolis at Lawrence Technological University, supports growth stage clean technology, climate technology, and circular economy businesses by driving the adoption of their technology in Michigan. They promote the development of products that advance renewable electricity, energy efficiency, and other clean
Michigan has a set of energy efficiency goals for state buildings. All new state buildings and facilities as well as major renovations, must be carbon neutral by 2040. Also, all existing state buildings and facilities are required to reduce their energy use by 40% by
Michigan offers a tax credit for businesses involved in alternative energy research, development, and manufacturing. Eligible business activity to claim credit for must be approved by the Michigan Next Energy Authority. In 2019, Michigan repealed this program and set it to expire for January 1,
Renaissance zones are designated areas with tax benefits for renewable energy facilities in their boundaries. Eligible entities within a renaissance zone can have their corporate income tax, state education tax, personal and real property taxes, or local income taxes abated. Entities can receive abatements on
Michigan offers a tax exemption up to 100% for commercial alternative energy systems, personal property of an alternative energy technology firm, or personal property used by a business for the purpose of alternative energy research, development, or manufacturing.
Agricultural entities can claim a tax exemption up to 100% from real and personal property taxes for biomass gasification and methane digester property. Equipment must be certified by the Michigan Department of Agriculture. The facility must also allow at least two universities to collect data
