Hydroelectric Production Incentives

Agency: Department of Energy – Energy Efficiency and Renewable Energy

 

Description:

Increased maximum credit amount for qualified facilities. Incentive payments for qualified facilities are based on the number of kilowatt-hours (kWh) generated in calendar year which Department of Energy determines, at a rate of 1.8 cents/kWh with a total ceiling of $1 million per facility

Bill Section:

40331

New or Existing:

Existing

Potential Cost:     

$125,000,000

Timeline:

Available until expended