Are you one of the many business owners who don't take advantage of the favorable tax laws regarding energy usage? You may qualify for hundreds of dollars in tax exemptions every month.
Here is what you get...
Aries Corporation provides licensed Professional Engineers (P.E.) to examine possible tax exemptions. Ask about our Predominant Use Study. Example businesses that qualify include common areas of apartment complex and Home Owners Associations (HOA) ; manufacturing companies, donuts shops, bakeries, print shops, trophy shops, machine shops, asphalt manufacturers and many others.
We perform Predominant Use Study per Texas State tax Rule 3.295 Natual Gas and Electricity and Administrative Tax Code 151.318.
Predominant Use Study is an energy study Aries Corporation performs to meet these Texas state tax codes.
An Excerpt from tax rule 3.295:
"Determining predominant use: utility studies.
(1) A person claiming a sales tax exemption because the predominant use of natural gas or electricity purchased through a single meter is for processing, manufacturing, fabricating, or another nontaxable use must have a natural gas or electricity utility study performed to establish the predominant exempt use of the natural gas or electricity.
(A) The study must list all uses of the utility, both exempt and taxable, the times of usage, the energy used, whether the use was taxable or exempt, and the percentage of exempt use of the natural gas or electricity as determined by the study.
(B) Twelve consecutive months of utility usage must be a part of the study.
(C) The kilowatt rating or BTU rating, duty factor, where needed for cycling equipment, and electrical or natural gas computations must be certified by a registered engineer or a person with an engineering degree from an accredited engineering college.
(D) The owner of the business must certify that all items using natural gas or electricity (depending on which utility is covered by the study) are listed and that the hours of use for each item are correct. The certification of both the engineer and the owner must appear on the face of the study.
(E) If a person appoints an agent to act on its behalf, the person must execute a power of attorney clearly stating the agent is attempting to qualify the principal for a sales tax exemption.
(2) A person in business less than 12 consecutive months may still apply for a sales tax exemption if a registered engineer or a person with an engineering degree performs a natural gas or electric utility study based upon projected uses of the natural gas or electricity which shows the predominant use to be exempt. A person claiming an exemption based upon projected use must be able to support the claimed exemption with a study of actual use after 12 consecutive months of operation if requested by the comptroller.
(3) A natural gas or electric utility study must be completed and on file at the location of the person claiming the exemption at the time an exemption certificate is submitted to the utility company. Without the study, the claim for exemption will be presumed to be invalid.
(4) Persons obtaining a sales tax refund from a utility company without a valid study will be assessed tax, penalty, and interest by the comptroller on the full amount of the refund, if the exemption is not proved."