Production Tax Credit definition

Production Tax Credit or “PTC” means the tax credit for electricity produced from certain renewable generation resources described in Section 45 of the Internal Revenue Code of 1986, as it may be amended or supplemented from time to time.

Production Tax Credit or “PTC” means the production tax credit for wind-powered electric generating facilities described in Section 45 of the Internal Revenue Code of 1986, as it may be amended or supplemented from time to time.

Production Tax Credit or “PTC” means a production tax credit under the United States Internal Revenue Code.

Examples of Production Tax Credit in a sentence

• To qualify for the Production Tax Credit, the wind project must be placed in service by December 31, 2012.

• Notably, the Inflation Reduction Act allows non-profits to receive the value of the Investment Tax Credit and Production Tax Credit for renewable energy in the form of direct payments, regardless of their tax-exempt status.

• Laws § 44-30-12(b)(4) (See General Instructions on page I-3 for more details).Line 2f – Recapture of tax credit income previously claimed as a modifica- tion decreasing Federal AGI for Historic Structures - Tax Credit, Historic Preservation Tax Credits 2013, Motion Picture Production Tax Credit or Mu- sical and Theatrical Production Tax Credit under R.I. Gen.

• Investment Tax Credit enXco will utilize either the Investment Tax Credit (“ITC”) or the Production Tax Credit (“PTC”) for the Project.

• Given approaching year-end changes to the federal Production Tax Credit and Investment Tax Credit, failing to reactivate in 2019 will cause additional financial harm.

More Definitions of Production Tax Credit

Production Tax Credit or “PTC” means the tax credit for electricity produced from certain renewable generation resources described in Section 45 of the Internal Revenue Code of 1986, as it may be amended from time to time.] [Delete if not currently applicable to the technology type.]

Production Tax Credit or “PTC” means the renewable energy production tax credit (26 U.S.C.

Production Tax Credit means the production tax credit applicable to electricity produced from certain renewable resources pursuant to 26 U.S.C. §45.

Production Tax Credit means the tax credit for electricity produced from certain renewable generation resources described in Section 45 of the Internal Revenue Code of 1986, as amended, or any successor provision providing for a federal tax credit determined by reference to renewable electric energy produced from wind resources.

Production Tax Credit or “PTC” means the production tax credit applicable to electricity produced from certain renewable resources pursuant to 26

Production Tax Credit or "PTC" means the tax credit provided by Section 45 of the Internal Revenue Code of 1986, as amended, for electricity produced from certain qualified energy resources, including wind.

Production Tax Credit means the credits defined in Subsections 59-7-614(2)(c) and 59-10- 1106(2)(b) that provides 0.35 cents per kilowatt-hour of electricity produced for wind, geothermal, or biomass systems with production capacities of 660 kilowatts or greater.