Archive for itc

Lawmakers Propose ITC Extension That Would Benefit Distributed Wind

Posted by Betsy Lillian on February 16, 2017

A bill that would provide a multiyear extension of the investment tax credit (ITC), including for small-scale wind power and other clean energy technology, has been re-introduced by bipartisan lawmakers. U.S. Reps. Tom Reed, R-N.Y., and Mike Thompson, D-Calif., have [Read More]

IRS Issues ‘Beginning Of Construction’ Guidance For Wind Developers

Written by Greg Jenner & Kevin Pearson on December 16, 2016

The government agency has released the highly anticipated guidance updating the “beginning of construction” requirement for the production tax credit under Section 45 of the Internal Revenue Code.

U.S. Senator To Propose Bill To Extend ITC Until 2025

Posted by Betsy Lillian on March 02, 2016

U.S. Sen. Edward J. Markey, D-Mass., has announced his intentions to propose a bill that would extend the investment tax credit (ITC) until 2025 and thus support the development of offshore wind power in the U.S. According to coverage from [Read More]