Published on Hydropower Reform Coalition (http://www.hydroreform.org)

Hydro project in California to get production tax credits

By Rupak Thapaliya
Created 2008-05-27 12:35
Project: Pit 3, 4, & 5 : P-233 [0]

FERC has certified [1]the Pit 3, 4 & 5 hydroelectric projects on the Pit River in California to be eligible for production tax credits (PTC) under the Energy Policy Act of 2005.

In July 2007, PG&E had completed a turbine upgrade by installing a new runner, new wicket gates, and upgrading other electrical and mechanical components. This, according to PG&E, improved the generation efficiency by 0.31%.

The EPAct 2005 allows for hydropower facilities to receive tax credits if there is efficiency improvement or capacity addition.



Source URL:
http://www.hydroreform.org//news/2008/05/27/hydro-project-in-california-to-get-production-tax-credits