The incentive cap is the maximum percentage of the project cost that an incentive program will pay. If there is no incentive cap enter 100 in the incentive cap field.
Data Entry Example:
The program pays up to 50% of the project cost, enter 50 in the incentive cap field.
Equipment and labor cost: $500.00
Incentive Cap: 50%
Incentive amount = 500x0.50 = $250