Alerts6.8.20
Renewable Energy Production Tax Credits: IRS Releases 2020 Inflation Factor, Reference Prices
The production tax credit for wind, closed-loop biomass and geothermal energy remains 2.5¢/kwh for 2020
In Notice 2020-38, the IRS recently released the inflation adjustment factor and reference prices for the 2020 calendar year, which are necessary for calculating the Section 45 renewable electricity production tax credits.
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