PTC – Electricity from Renewable Sources

Credit Type

Production
Tax Credit

Technology

Electricity

Eligibility

Wind, biomass, geothermal, solar, small irrigation, landfill/trash, hydropower, marine/hydrokinetic facilities

Base Rate

~$0.0055/kWh

Full Rate

~$0.0275/kWh

Bonus Adders

• Energy Community: +10%
• Domestic Content: +10%

Duration

10 years from placed-in-service date

Period of Availability

Construction must have begun before 1/1/2025. Replaced by §45Y for projects starting 2025+.

Transferable (§6418)

Yes