TAILIEUCHUNG - Case Studies on the Effectiveness of State Financial Incentives for Renewable Energy

A production tax credit (PTC) is an example of such a performance-based incentive that provides the investor or owner of an eligible renewable energy system with an annual tax credit based on the amount of electricity generated by the system. By linking the incentive to energy produced rather than capital invested, this type of incentive encourages and rewards projects based on performance. However, ITCs rather than PTCs may be more appropriate for on- and off-grid small-scale systems used for on-site power generation because the administrative complexity of annual production payments would likely be cost-prohibitive. Likewise, measuring the exact electric. | September 2002 NREL SR-620-32819 Case Studies on the Effectiveness of State Financial Incentives for Renewable Energy S. Gouchoe V. Everette and R. Haynes North Carolina State University Raleigh North Carolina N L National Renewable Energy Laboratory 1617 Cole Boulevard Golden Colorado 80401-3393 NREL is a . Department of Energy Laboratory Operated by Midwest Research Institute Battelle Bechtel Contract No. DE-AC36-99-GO10337 September 2002 NREL SR-620-32819 Case Studies on the Effectiveness of State Financial Incentives for Renewable Energy S. Gouchoe V. Everette and R. Haynes North Carolina State University Raleigh North Carolina NREL Technical Monitor Larry Goldstein Prepared under Subcontract No. ADC-1-31425-01 N L National Renewable Energy Laboratory 1617 Cole Boulevard Golden Colorado 80401-3393 NREL is a . Department of Energy Laboratory Operated by Midwest Research Institute Battelle Bechtel Contract No. DE-AC36-99-GO10337 NOTICE This report was prepared as an account of work sponsored by an agency of the United States government. Neither the United States government nor any agency thereof nor any of their employees makes any warranty express or implied or assumes any legal liability or responsibility for the accuracy completeness or usefulness of any information apparatus product or process disclosed or represents that its use would not infringe privately owned rights. Reference herein to any specific commercial product process or service by trade name trademark manufacturer or otherwise does not necessarily constitute or imply its endorsement recommendation or favoring by the United States government or any agency thereof. The views and opinions of authors expressed herein do not necessarily state or reflect those of the United States government or any agency thereof. Available electronically at http bridge Available for a processing fee to . Department of Energy and its contractors in paper from . Department of Energy Office of .

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