ABSTRACT

Energy Credit: An Investment Tax Credit for Renewable Energy [July 10, 2018]   [open pdf - 375KB]

"Internal Revenue Code (IRC) Section 48 provides an investment tax credit (ITC) for certain energy-related investments. The incentive was enacted in 1978 and has been substantially modified over time. Under current law, the ITC for most non-solar technologies will expire at the end of 2021. There is a permanent 10% ITC for solar and geothermal technologies. Increased credit rates for solar are available through 2021."

Report Number:
CRS In Focus, IF10479
Author:
Publisher:
Date:
2018-07-10
Copyright:
Public Domain
Retrieved From:
Via E-mail
Format:
pdf
Media Type:
application/pdf
URL:
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