Renewable Energy Incentives means: (a) all federal, state, or local Tax credits or other Tax benefits associated with the construction, ownership, or production of electricity from the Facility (including credits under Sections 38, 45, 46 and 48 of the Internal Revenue Code of 1986, as amended); (b) any federal, state, or local grants, subsidies or other like benefits relating in any way to the Facility, including a cash grant available under Section 1603 of Division B of the American Recovery and Reinvestment Act of 2009, in lieu of federal Tax credits or any similar or substitute payment available under subsequently enacted federal legislation; and (c) any other form of incentive relating in any way to the Facility that is not a Green Attribute or a Future Environmental Attribute.
Renewable Energy Incentives means: (a) all federal, state, or local Tax credits or other Tax benefits associated with the construction, ownership, or production of electricity from the Facility (including credits under Sections 38, 45, 46 and 48 of the Internal Revenue Code of 1986, as amended); (b) any federal, state, or local grants, subsidies or other like benefits relating in any way to the Facility; and (c) any other form of incentive relating in any way to the Facility that is not a Green Attribute or a Future Environmental Attribute.
Renewable Energy Incentives means: (a) all federal, state, or local Tax credits or other Tax Benefits associated with the construction, ownership, or production of electricity from the Facility (including credits under Sections 38, 45, 46 and 48 of the Internal Revenue Code of 1986, as amended); (b) any federal, state, or local grants, subsidies or other like benefits relating in any way to the Facility; and (c) any other form of incentive relating in any way to the Facility that is not a Green Attribute or a Future Environmental Attribute.
Examples of Renewable Energy Incentives in a sentence
If after the Effective Date of the PPA, the Renewable Energy Incentives are increased from the current credit amount of [XX percent (XX%), e.g., 26% (twenty-six percent)], Seller and Buyer shall each be entitled to equally share in the additional benefits with a commensurate reduction in the Renewable and/or Storage Rate for Buyer.
More Definitions of Renewable Energy Incentives
Renewable Energy Incentives means: (a) all federal, state, or local Tax credits or other Tax benefits associated with the construction, ownership, or production of electricity from the Facility (including credits under Sections 38, 45, 46 and 48 of the Internal Revenue Code of 1986, as amended); (b) any federal, state, or local grants, subsidies or other like benefits relating in any way to the Facility, including a cash grant available under Section 1603 of Division B of the American Recovery and Reinvestment Act of 2009, provided in lieu of federal Tax credits or any similar or substitute payment available under subsequently enacted federal legislation; and (c) any other form of incentive relating in any way to the Facility that are not a Green Attribute or a Future Environmental Attribute.
Renewable Energy Incentives means (i) federal, state, or local tax credits or other tax benefits (including accelerated depreciation) associated with the construction, ownership, or production of Energy from the Facility or any governmental payments made in lieu of any such tax credit or tax benefit, (ii) any federal, state or local grants, rebates, financing or any other incentive relating to renewable energy property applicable to the Facility or the output of the Facility, or (iii) any other form of incentive based on the environmental attributes of the Facility that is not a Reserved Environmental Attribute that is available with respect to the Facility.
Renewable Energy Incentives means the ITC, the PTC, accelerated depreciation (including bonus depreciation), and [list all current state-level abatements, credits, certificates, etc.].
Renewable Energy Incentives means: (a) all Tax Credits and other federal, state, or local Tax credits or other Tax benefits associated with the construction, ownership, or production of electricity from the Facility (including Production Tax Credits, ITCs, and other credits under Sections 38, 45, 46 and 48 of the Internal Revenue Code of 1986, as amended); (b) any federal, state, or local grants, subsidies or other like benefits relating in any way to the Facility; and (c) any other form of incentive relating in any way to the Facility that is not a Green Attribute or a Future Environmental Attribute.
Renewable Energy Incentives means: (a) federal, state or local tax credits or other tax benefits (such as accelerated depreciation, the ITC, or the PTC) associated with the construction or ownership of, or the sale or production of electricity from, the Project, including any investment tax credits, production tax credits or governmental payments made in lieu of such credits; (b) any federal, state or local grants, rebates, subsidized financing or any other subsidy relating to the property of the Project or the output thereof; and (c) any other form of incentive that is not an Environmental Attribute that is available with respect to the Project.
Renewable Energy Incentives means: (a) federal, state, or local tax credits associated with the construction, ownership, or production of electricity from the Project (including credits under Sections 38, 45, and 45K of the Internal Revenue Code of 1986, as amended); (b) any investment tax credits and any other tax credits associated with the Project (including credits under Sections 38 and 48 of the Internal Revenue Code of 1986, as amended); (c) any state, federal or private cash payments or grants relating in any way to the Project or the output thereof; (d) state, federal or private grants or other benefits related to the Project or the output thereof, and (e) any other form of incentive that is not an Environmental Attribute that is available with respect to the Project.
Renewable Energy Incentives means: (a) federal, state, or local tax credits or other tax benefits (such as accelerated depreciation) associated with the construction, ownership, or production of electricity from a Solar Energy Facility or any governmental payments made in lieu of such tax benefit, (b) any federal, state or local grants, rebates, subsidized financing or any other subsidy relating to the renewable energy property of a Solar Energy Facility or the output thereof, and (c) any other form of incentive that is not a Reserved Environmental Attribute that is available with respect to a Solar Energy Facility. Renewable Energy Incentives shall not include the Utility Credits allocated to Buyer under this Agreement.