Renewable Energy Finance
The Business Energy Investment Tax Credit (ITC) permits project owners or third-party investors to receive a credit against Federal income taxes for the installation of renewable energy equipment.
The Production Tax Credit (PTC) is a kWh-based credit for wind, biomass, hydroelectric, geothermal, and other qualifying renewable electricity generating projects.
The Qualifying Advanced Energy Project Credit (QAEP) provides a credit against Federal income taxes for investment in renewable energy manufacturing facilities. The MTC totals 30% of the basis in property that re-equips, expands or establishes a manufacturing facility that produces renewable energy property.