Authors: Jonathan Schrag & Seth Silverman
Since the Energy Policy Act of 1992, the U.S. federal government has relied on a Production Tax Credit (PTC) to encourage private capital investment in renewable energy. The American Recovery and Reinvestment Act of 2009 expanded an Investment Tax Credit (ITC) for renewable energy. Those tax credits, however, have significant limitations and are scheduled to expire in 2014 and 2017 respectively.
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