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H.R. 4520 covers most renewable technologies

A summary of the technologies eligible for tax credits under H.R. 4520 resembles a roll call of renewable energy sources, and even includes refined coal technology.

Systems credited for the first five years of operation include solar, geothermal, irrigation and hydroelectric generators with a capacity rating between 150 kW and five MW, open loop biomass and municipal solid waste facilities. Generation from closed loop biomass, wind and liquid, gaseous or solid synthetic fuel from coal qualify for the credit during the first 10 years of production.

For the five-year term technologies, the credit applies to systems placed in service after the date of the bill’s enactment and before 2006. Wind facilities placed in service after 1993 and before 2006 are eligible for the credit, and the credit applies to closed loop biomass systems commissioned after 1992 and before 2006. Refined coal facilities in service after the date of enactment and before 2009 can claim the production tax credit.