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Economic Benefits

Renewable energy sources hedge the volatility of our current energy portfolio without the hidden cost of fossil or nuclear power generation. We serve our clients by navigating the complexities of ownership structures to best leverage Federal and State incentives that stimulate energy diversity.

Investment Tax Credits (ITC): Renewable energy tax policies play a vital role in creating new high-wage American jobs, spurring economic growth, ensuring U.S. global competitiveness. The ITC functions as a 30 percent uncapped tax credit for investment in qualifying renewable energy generation technology and is in effect through December 31, 2016.

Production Tax Credits (PTC): PTC provides an income tax credit of 2.2 cents per kilowatt-hour for the production of electricity from utility-scale qualifying facilities. This incentive was created under the Energy Policy Act of 1992 and PTC applies for the first 10 years of electricity production. It is set to expire on December 31, 2012.

Depreciation: Under the Federal Modified Accelerated Cost-Recovery System (MACRS), businesses may recover investments in qualifying facilities through depreciation deductions.

For more information on incentives click here or contact us directly.

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