2019 Annual Report: Investing In Our Environment, Building A Stronger Ohio
OAQDA Update on the COVID-19 Emergency
Notice on Project Type
OAQDA routinely works with companies that sell equipment or services to help control or prevent air pollution, or achieve energy efficiency and savings. Customers of such companies may qualify for tax incentives made available through the Ohio Revised Code. This benefit, which only OAQDA can provide, can help businesses recover some of the costs associated with improving air quality or energy usage.
Projects financed through OAQDA are exempt from:
Key elements of OAQDA tax incentives:
In addition to the tax incentives, small businesses assisted through the Clean Air Resource Center (CARC), the small business arm of the OAQDA, are eligible for additional technical and financial assistance.
Affected businesses may be, but not limited to those businesses which emit volatile organic compounds (VOCs), nitrogen oxides (NOx), or sulfur dioxides (SO2), use asphalt, rubber, metal finishers, plastics, or synthetic materials in the manufacturing or construction trades, or perform work involving the coating or painting of metal surfaces. Steel companies, automobile manufacturers, chemical and utility companies are all impacted by the requirement to control air emissions and would be eligible for OAQDA incentives.
What types of businesses or projects are eligible for Ohio Air Quality Development Authority (OAQDA) financing? The following is just a sample of the projects that qualify. Your business may be eligible if it:
Uses one of these processes:
•Ethanol or biofuel production
Operates in one of these industries:
Installs energy-efficient equipment:
OAQDA can offer tax incentives to projects that improve a company’s energy efficiency. Energy efficiency projects vary greatly depending on the type of business, but can include anything from new lighting systems to variable speed motors to computer-controlled heating and cooling systems.
If you are unsure if your business qualifies, contact OAQDA: