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Production tax credits for producing renewable electricity are higher this year than in 2023.

Posted in Publication Infrastructure Power

The US Treasury greatly simplified the calculations yesterday to determine whether solar, onshore wind and battery projects have enough domestic content to qualify for a 10% bonus tax credit.

Posted in Renewable energy Publication Solar Wind

The IRS said this afternoon that production tax credits on new wind, solar, geothermal and closed-loop biomass power plants put in service in 2022 are 2.75¢ cents a KWh.

Posted in Solar Power Renewable energy Publication

Ever wonder why as an individual, you probably cannot claim the investment tax credit or production tax credits?

Posted in Power Publication

The IRS said this afternoon that developers will have an extra one to two years to finish construction of new wind, solar and other renewable energy projects and qualify for federal tax credits.

Many renewable energy developers are scrambling to reevaluate arrangements they put in place this year to start construction of projects to qualify for federal tax credits after Congress extended ...

Under current IRS rules, wind developers can claim the full amount of the federal production tax credit (PTC) through 2020 if they either started physical work of a significant nature or spent a

Posted in Blog article

The production tax credit (PTC) is the force that spurred the U.S. wind industry from an immaterial segment of power generation in the early 1990s to providing the fastest-growing job in America

Posted in Renewable energy Wind Blog article

The Internal Revenue Service has issued three private letter rulings confirming that a 30% investment tax credit can be claimed on batteries that are installed as part of renewable energy projects...

Posted in Publication

New IRS guidance for developers of wind farms and other renewable energy projects that qualify for production tax credits modifies the safe harbor ...

Posted in Renewable energy Blog article