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Clean Economy

Clean Economy

Many Renton businesses and institutions are implementing business practices that reduce their impact on the environment. Reducing facility waste output, creating alternatives to petroleum for travel, improving building energy efficiencies, and working with suppliers to reduce their impacts are some examples. The Renton city Council adopted new city strategy, titled "Creating a Clean Economy in Renton" to support these efforts. Click here to read the business practice examples and find out how you can make a difference with your business too. Also see the Green State Incentives below to find out how your business can help the environment and save money at the same time!

Solar Energy System Manufacturers & Wholesalers - Reduced B&O Tax rate  

Available to:  

Manufacturers, processors for hire, or wholesalers of solar energy systems using photovoltaic modules or silicon components of these systems.

Benefit:

The B&O rate is lowered from 0.484 percent to 0.2904 percent

Machinery & Equipment Used to Generate Electricity Using Renewable Energy - Sales &  

Available to:

Individuals, businesses, and local government entities that generate electricity using fuel cell, wind, landfill gas, or solar energy..

Qualifying Activity:  

Sales/use tax exemption on purchase or lease  of machinery and equipment used directly in generating electricity using fuel cells, wind, landfill gas, or solar energy as the principal source of power.

Energy production using solar, methane & wind power - cost recovery program  

 Available to:

Individuals, businesses, and local government entities that are not in the light and power business or gas distribution business.  Light and power company may take public utility tax credit for amounts paid to participants.  Participants must generate electricity on their own property with an anaerobic digester or a wind or solar energy system and apply to their light and power company for a cost recovery incentive payment.

Benefit:

Cost recovery on investment (up to $2,000)

Sales/Use Tax Exemption for Machinery/Equipment, Delivery Vehicles & Construction of Facilities for Retail Sales of Biofuels  

Available to:

Retail sellers of biodiesel fuel, alcohol fuel, and wood biomass fuel.

Qualifying Activity: 

The purchase of machinery and equipment and the construction of facilities used directly for the retail sale of biodiesel fuel blend, E85 motor fuel, and wood biomass fuel blend are exempt from retail sales tax and use tax.

The purchase of fuel delivery vehicles and labor and service charges related to such vehicles are exempt from retail sales tax and use tax provided 75% of the fuel distributed by them is biodiesel fuel blend, E85 motor fuel, and wood biomass fuel blend.

Clean Energy Training  

Washington State Centers for Excellence training programs offer a variety of courses and career training throughout the Pacific Northwest to help develop and grow skills in the area of using and working with clean energy resources.

Green Tools

The GreenTools program is designed to help all King County stakeholders green their built environment while addressing critical environmental issues, such as global warming, critical habitat restoration and solid waste reduction. GreenTools provides technical assistance, grants and hands-on training to help users create green projects efficiently and effectively.