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The wind energy production tax credit was $0.023 per kwh in 2016 -- It's indexed to inflation and then stepped down by 20% per year from there. So for projects
by mikeyouse 8y ago
The wind energy production tax credit was $0.023 per kwh in 2016 -- It's indexed to inflation and then stepped down by 20% per year from there. So for projects initiating in 2018, the PTC should be $0.023 x 1.03^2 x 60% . (3% inflation for 2 years, 40% discount). So this project should expect to see ~$0.0146/kwh or 1.46 cents/kwh in subsidy.