Share This
« Back to Glossary Index
Categories: General Tax Terms

Water Conservation Tax Benefits refer to tax incentives provided by federal, state, or local governments to encourage individuals and businesses to implement practices and technologies that conserve water resources. These benefits can take the form of tax credits, deductions, or exemptions related to expenses incurred for water-efficient systems, equipment, and projects.

For example, taxpayers may receive a tax credit for installing drought-resistant landscaping or for retrofitting plumbing fixtures in commercial buildings to reduce water usage. The objective of these benefits is to promote sustainable water management, reduce environmental impact, and alleviate pressure on water supply systems.

« Back to Glossary Index