The Ocean Renewable Energy Coalition (OREC) has prepared an overview of tax benefits for the MHK industry here. As the spreadsheet shows, MHK receives more benefits than it did five years ago, but at the same time, it lacks parity with other renewables: MHK projects do not qualify for 5 year MACRS, and are only eligible for half of the PTC available to other renewables. OREC continues to work to achieve parity.
OREC Releases Overview of Tax Benefits for MHK Industry
October 6, 2010
Read the latest issue of The CESA Brief
For updates on the recent programs and accomplishments of CESA and its member organizations, click here to read the latest issue of The CESA Brief Newsletter.
Sign Up for CESA Project Information e-Lists
Get periodic updates regarding CESA project-specific news, webinars and more in our project newsletters. Read more and sign up here.