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ECONOMICS 2008 Vaughn Nelson

This overview discusses key economic incentives and federal regulations impacting renewable energy since 2008. It covers the Public Utility Regulatory Policies Act (PURPA) of 1978, the 1997 open transmission rules, and the Production Tax Credit (PTC) that started at $0.015/kWh in 1985. The PTC has been extended multiple times, currently valid through 2011. Additional topics include green pricing options, with the cost of approximately $3 per block of 100 kWh, and tax break structures such as PILOT payments in lieu of taxes, particularly in Texas.

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ECONOMICS 2008 Vaughn Nelson

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