Renewable Electricity Production Tax Credit (PTC)

DETAILS

The incentive is 0.015 $/kWh for Wind(all) For the first 10 years of operation for Commercial and Industrial
The incentive is $0.013/kWh for other eligible technologies, for the first 10 years of operation for Commercial and Industrial
The implementation sector is Federal
It is a financial incentive
It is a corporate tax credit
Applies in commercial and industrial sectors
Eligible for:
Geothermal Electric
Solar Thermal Electric
Solar Photovoltaics
Wind (All)
Biomass
Hydroelectric
Municipal Solid Waste
Landfill Gas
Tidal
Wave
Ocean Thermal
Wind (Small)
Hydroelectric (Small)
Managed by U.S. Internal Revenue Service

For more information about the program:

https://programs.dsireusa.org/system/program/detail/734/renewable-electricity-production-tax-credit-ptc

https://www.irs.gov/pub/irs-pdf/f8835.pdf