Sentences with phrase «hour federal production tax credit»

The $ 23 per megawatt - hour federal Production Tax Credit for wind farms, for example, can be larger than the total wholesale price nuclear plants get for their power in some regions, according to Bloomberg data.

There would be no wind power in the United States without massive federal and state support, including a 2.2 - cent per kilowatt - hour federal production tax credit and Renewable Portfolio Standards in various states that require electric utilities to acquire a certain percentage of their power from approved renewable sources, regardless of cost.

Not exact matches

The federal production tax credit (PTC), which offers wind energy developers 2.2 cents for every kilowatt - hour of electricity produced from grid - tied projects, was a key case in point at the conference.

It's a federal «production tax credit» that gives windmill operators a $ 22 tax break for every megawatt hour of juice they produce.