Information about Clean, Renewable Energy.

Federal Production Tax Credit increases

Renewable electricity producers got a cost of living increase as the Internal Revenue Service published the inflation adjustment factor for 2006. This increases the current PTC credit from $19 per megawatt hour to $20 per megawatt hour. This is an annual process of review and, if appropriate, adjustment of the credit. The credit is available to any qualified renewable electricity producer for a period of up to 10 years.

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