PTC definition

PTC means the tax credit for electricity produced from certain renewable generation resources described in Section 45 of the Internal Revenue Code of 1986, as it may be amended or supplemented from time to time.

PTC means the production tax credit established pursuant to Section 45 of the United States Internal Revenue Code of 1986.

PTC means the renewable energy production tax credit pursuant to Section 45 of the Code.

Examples of PTC in a sentence

• Customer acknowledges that, PTC is part of a global company with global operations, and that personal data may be processed outside Customer’s country.

• PTC res xxxxx the right to charge a transfer fee for any proposed assignment, transfer or sublicense of this Agreement or any Licenses purchased hereunder.

• All personal data received or collected by PTC in connection with the performance of its obligations will be processed in accordance with the Data Processing Terms and Conditions available at xxxxx://xxx.xxx.xxx/en/legal-agreements and PTC’s privacy policy available at xxxxx://xxx.xxx.xxx/en/documents/policies.

• The variable rate may go up or down, and the rate may be higher than the Electric Utility's Price to Compare ("PTC") during any given period.

• To confirm Customer’s compliance with the terms and conditions of this Agreement, Customer agrees that PTC and PTC’s authorized agents may perform assessments with respect to Customer’s compliance with this Agreement.

More Definitions of PTC

PTC means Participants Trust Company, a New York limited purpose trust company.

PTC means a power trading company, which is an electricity trader who has been granted a license to undertake trading in electricity under Section 12 of the Electricity Act, 2003.

PTC means production tax credits under Section 45 of the Code.

PTC means PVUSA test Conditions. "PV" means photovoltaic.

PTC means Pacific Thomas Corporation.

PTC means production tax credit.

PTC or “PTCs” means production Tax credits under Section 45 of the Code, and any federal grants, credits or other incentives issued or arising in lieu thereof, including investment tax credits under Section 48 of the Code.