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IRS Boosts Wind PTC To Adjust For Inflation

12 April 2017
North American Windpower
In a bylined article, Tax Transactions & Consulting partner David Burton (New York) examines an inflation adjustment increase in the production tax credit (“PTC”) for power sold in 2017 that is generated by wind, closed-loop biomass, geothermal projects to 2.4 cents from the prior 2.3 cents per kWh.
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