Predominant Use Study
A Predominant Use Study can qualify your company for tax savings of up to 8.25% on electricity and natural gas and obtain refunds of up to four years!
The Texas Comptroller’s Office tax codes (TAC Title 34, Part 1, Chapter 3, Subchapter O, Rule 3.295) require a predominant use study to qualify a facility for a state and local sales tax exemption on electricity and natural gas billings from the utility provider.
Since Texas sales and use tax rates vary from 6.25% to 8.25%, the cost of future electricity and natural gas billings can be reduced significantly by eliminating this tax at eligible facilities. Also, substantial sales tax refunds (up to 4 years retroactive) are available to the customer upon completion of the study.
Contact us for more information and to see if your company qualifies. Below is just a small sample of qualified businesses:
Agricultural
Apartment Complex/Properties ( especially all bills paid)
Assisted Living & other eligible Texas Facilities
Cemeteries
Chamber of Commerce
Charitable Organizations/ Non-Profit
Churches
Horticultural & Feedlot Operations
Hospital Laundry ( ex. Cintas)
Housing Finance Corps.
Insurance (certain ones)
Lodges (RV, VFW)
Marketing Associations (Franchise tax-exempt, Ex. Allen Magazine)
Non-Profit Electric Co-Op