Federal – Renewable Electricity Production Tax Credit (PTC)

Title: Renewable Electricity Production Tax Credit (PTC) – Federal Energy Incentive

Details:

The Renewable Electricity Production Tax Credit (PTC)  is an Industrial and Commercial program for those who have energy efficient improvements made with the following: Geothermal Electric, Municipal Solid Waste, Hydrokinetic Power (i.e., Flowing Water), Anaerobic Digestion, Small Hydroelectric, Tidal Energy, Wave Energy, Ocean Thermal, Landfill Gas, Wind, Biomass, and Hydroelectric. The program offers up to 2.2cents/kWh. The following legislation set up this program: 26 USC § 45, H.R. 1424 (Div. B, Sec. 101 & 102), and H.R. 1 (Div. B, Section 1101 & 1102). For more details use the following links and contact below:

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

http://www.irs.gov/pub/irs-pdf/f3800.pdf

Contact for more information:

Public Information – IRS
U.S. Internal Revenue Service
1111 Constitution Avenue, N.W.
Washington, DC 20224
Phone: (800) 829-1040
Web Site: http://www.irs.gov

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