Kentucky's forests are managed by the State Energy and Environment Cabinet, Department of Natural Resources, Division of Forestry. In 2010 the Division completed its Statewide Assessment of Forest Resources and Strategy:
The Farmers Rural Electric Cooperative (RECC) Button-Up Program provides free energy audits and rebates for insulation upgrades to its residential customers. Farmers RECC's energy advisor will visit the customer's home, conduct an energy audit, and calculate the heat gain/heat loss for the home. If needed, customers can then receive up to $200 to increase the amount of insulation in eligible homes. Farmers RECC does not install the insulation for the customer, but they can recommend various contractors that can be hired to install the insulation.
Qualified ethanol producers are eligible for an income tax credit of $1 per gallon of corn- or cellulosic-based ethanol that meets ASTM standard D4806. The total credit amount available for all corn and cellulosic ethanol producers is $5 million for each taxable year. Unused ethanol credits from one ethanol-based cap, such as corn, may be applied to another ethanol-based cap, such as cellulosic, in the same taxable year. Unused credits may not be carried forward.
The Kentucky Enterprise Fund (KEF) is a state-sponsored, venture capital-like fund that invests in Kentucky-based seed and early stage technology companies. KEF supports the development of entrepreneurial technology companies in Kentucky, stimulates private investment in these companies, and spurs economic growth.
In April 2008, Kentucky enacted legislation allowing a 30% state income tax credit for taxpayers who install certain energy efficiency measures on their principal residence or residential rental property.* These energy efficiency measures include:
In April 2008, Kentucky enacted legislation establishing a 30% state income tax credit for taxpayers that install certain energy efficiency measures on commercial property. The 30% credit (up to $500) is allowable against individual, corporate income or limited liability income taxes for any of the following equipment:
In April 2008, Kentucky enacted legislation ([http://www.lrc.ky.gov/record/08rs/hb2.htm HB 2]) to improve the energy performance of all state-owned and state-leased buildings. The legislation requires that all construction or renovation of public buildings for which 50% or more of the total capital cost is paid by the state must be renovated or designed to meet high-performance building standards.