Energy Incentives

Various energy incentives are available for hydropower plants. These can be production tax credits, stimulus funding and clean renewable energy bonds.

Energy Incentives
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Latest Energy Incentives News

FERC certifies three projects for production tax credits

03/08/2007 The Federal Energy Regulatory Commission has certified improvements to the 512-MW Conowingo hydroelectric project in Maryland and Pennsylvania, the 742-MW Clark Fork project in Idaho and Montana, and the 2.4-MW Vergennes No. 9 project in Vermont for renewable energy production tax credits.

FERC certifies 13.3-MW California project for tax credit

01/26/2007 The Federal Energy Regulatory Commission has certified incremental hydropower generation of the 13.3-MW Forks of Butte project in Butte County, Calif., making it eligible for a production tax credit.

FERC certifies 3.6-MW Lower LaChute for tax credit

12/12/2006 The Federal Energy Regulatory Commission has certified incremental hydropower generation of the 3.6-MW Lower LaChute River project in Ticonderoga, N.Y., making it eligible for a production tax credit.

UPDATE - Congress extends production tax credit, bond programs

12/12/2006 Although the 109th Congress left much work unfinished at adjournment Dec. 9, lawmakers did approve a benefit for hydropower operators with the extension of production tax credit and clean renewable energy bond programs.

FERC certifies 4.8-MW Clyde River for production tax credit

11/17/2006 The Federal Energy Regulatory Commission has certified incremental hydropower generation of the 4.8-MW Clyde River project, making the additional generation eligible for a production tax credit.

N.Y. project's incremental generation certified for tax credit

10/18/2006 The Federal Energy Regulatory Commission has certified incremental hydropower generation planned for the 7.46-MW Oswego Falls project in New York for a renewable energy production tax credit.

FERC certifies 29.08-MW Piney for production tax credit

06/07/2006 The Federal Energy Regulatory Commission certified efficiency improvements for the 29.08-MW Piney project on June 2, making the resulting additional capacity eligible for a renewable energy production tax credit.

FERC certifies PacifiCorp for first production tax credit

06/02/2006 In its first certification of incremental hydroelectric generation, the Federal Energy Regulatory Commission has certified PacifiCorp's 161.338-MW Klamath project as eligible for a renewable energy production tax credit.

Senate bill would extend tax credit, bond program for hydro

04/10/2006 U.S. senators have introduced a bill to extend the deadlines for incremental hydropower and other renewable energy sources to qualify for production tax credits and for Clean Renewable Energy Bonds.


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