RCW 82.16.055
Deductions relating to energy conservation or production from renewable resources.
(1) In computing tax under this chapter there must be deducted from the gross income:
(a) An amount equal to the cost of production at the plant for consumption within the state of Washington of:
(i) Electrical energy produced or generated from cogeneration as defined in RCW 82.35.020, as existing on June 30, 2006; and
(ii) Electrical energy or gas produced or generated from renewable energy resources such as solar energy, wind energy, hydroelectric energy, geothermal energy, wood, wood wastes, municipal wastes, agricultural products and wastes, and end-use waste heat; and
(b) Those amounts expended to improve consumers' efficiency of energy end use or to otherwise reduce the use of electrical energy or gas by the consumer.
(2) This section applies only to new facilities for the production or generation of energy from cogeneration or renewable energy resources or measures to improve the efficiency of energy end use on which construction or installation is begun after June 12, 1980, and before January 1, 1990.
(3) Deductions under subsection (1)(a) of this section must be allowed for a period not to exceed thirty years after the project is placed in operation.
(4) Measures or projects encouraged under this section must at the time they are placed in service be reasonably expected to save, produce, or generate energy at a total incremental system cost per unit of energy delivered to end use which is less than or equal to the incremental system cost per unit of energy delivered to end use from similarly available conventional energy resources which utilize nuclear energy or fossil fuels and which the gas or electric utility could acquire to meet energy demand in the same time period.
(5) The department of revenue, after consultation with the utilities and transportation commission in the case of investor-owned utilities and the governing bodies of locally regulated utilities, must determine the eligibility of individual projects and measures for deductions under this section.
[ 2020 c 139 § 27; 1980 c 149 § 3.]
NOTES:
Legislative finding—1980 c 149: See RCW 80.28.024.
Utility rate structures encouraging energy conservation and production from renewable resources: RCW 80.28.025.
Structure Revised Code of Washington
Chapter 82.16 - Public Utility Tax.
82.16.020 - Public utility tax imposed—Additional tax imposed—Deposit of moneys.
82.16.023 - Tax preferences—Expiration dates.
82.16.030 - Taxable under each schedule if within its purview.
82.16.0421 - Exemptions—Sales to electrolytic processing businesses.
82.16.045 - Exemptions and credits—Pollution control facilities.
82.16.046 - Exemptions—Operation of state route No. 16.
82.16.047 - Exemptions—Ride sharing.
82.16.0491 - Credit—Contributions to an electric utility rural economic development revolving fund.
82.16.0495 - Credit—Electricity sold to a direct service industrial customer.
82.16.0497 - Credit—Light and power business, gas distribution business.
82.16.0498 - Credit—Sales of electricity or gas to an aluminum smelter.
82.16.0499 - Credit—Businesses that hire veterans.
82.16.050 - Deductions in computing tax.
82.16.053 - Deductions in computing tax—Light and power businesses.
82.16.055 - Deductions relating to energy conservation or production from renewable resources.
82.16.060 - May be taxed under other chapters.
82.16.100 - Solid waste business not subject to chapter.
82.16.110 - Renewable energy system cost recovery—Definitions.
82.16.130 - Renewable energy system cost recovery—Light/power business tax credit.
82.16.150 - Light and power business—Liability.
82.16.160 - Definitions—Renewable energy tax incentives.
82.16.165 - Annual production incentive certification.
82.16.175 - Shared commercial solar projects—Organization and administration.
82.16.180 - Solar modules—Sale and installation tax incentives.
82.16.182 - Community solar projects—Definitions.
82.16.183 - Community solar projects.
82.16.184 - Credit—Community solar projects.
82.16.185 - Credit—State energy performance standard—Early adoption incentive program.
82.16.305 - Exemptions—Joint municipal utility services authorities.
82.16.310 - Exemptions—Sales by a gas distribution business.
82.16.315 - Exemptions—Sales of electricity or gas to silicon smelters.
82.16.320 - Exemptions—Qualifying grants—National emergency or state of emergency.