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Chick-News.com Poultry Industry News, Comments and more by Simon M. Shane

Infrastructure Plan Includes Tax Credits for Renewables

04/08/2021

The proposed Infrastructure Investment Program will incorporate a 10-year extension of existing tax credits for solar and wind energy introduced in 1992 and 2005 respectively. Since this time the capital cost of power generation has declined sharply with innovations and scale of manufacture. 

 

The Infrastructure proposal also includes an investment tax credit for high-voltage transmission lines that are required to distribute power generated by wind in the Midwest and Plains states  to areas of high demand.


 
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