Inflation Reduction Act Activation Guide: Renewable Energy Procurement
EDF + Business
MARCH 28, 2023
Create New Revenue Streams Companies that choose to generate their own renewable energy and utilize on-site storage can generate tax credits on the qualifying property they own if they are either (1) utilizing the electricity themselves or (2) selling electricity back to the grid (48 & 45). Notes: PTC stands for Production Tax Credit.
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