Oklahoma Energy Firms to Get Tax Credits

January 12, 2010 — Three Oklahoma companies focused on energy conservation or renewable alternatives are in line for more than $13.5 million from the latest federal stimulus package, officials say.

Ductmate Industries Inc. will receive up to $192,000 in tax credits to help with expanding its Tulsa manufacturing and tooling operations, according to a White House news release. Oklahoma City-based geothermal company Climate Master Inc. and prospective wind-tower producer Eagle Claw Fabrication LLC of Muskogee will receive $8.94 million and $4.37 million, respectively. The awards were announced over the weekend.

Eagle Claw says the clean-energy stimulus will be an investment tax credit for a project at the Port of Muskogee.

Ductmate, based in Charleroi, Pa., plans to expand its Tulsa facility’s production of energy-efficient heating, venting and air-conditioning duct work with self-sealing fixtures.

Climate Master will expand facilities that produce water-source heat pumps. The company specializes in geothermal heating and cooling systems for homes and businesses.

The stimulus package, known officially as the American Recovery and Reinvestment Act, is contributing $2.3 billion in tax credits for the clean energy and efficiency effort.
The program will offer the 30 percent tax credits to 183 projects in 43 states.