Wind energy conversion facility definition

Wind energy conversion facility means a wind energy conversion system in this state that collects and converts wind into energy to generate electricity.2005 Acts, ch 160, §7, 14; 2006 Acts, ch 1135, §5 – 8, 12; 2008 Acts, ch 1162, §136, 154, 155; 2011 Acts, ch 115, §3 – 5; 2011 Acts, ch 118, §33, 89; 2014 Acts, ch 1122, §1; 2015 Acts, ch 124, §5, 9, 10; 2016 Acts, ch 1128, §10, 16, 21Referred to in §476C.32015 amendment to subsection 6, paragraph b, subparagraph (4), takes effect June 26, 2015, and applies retroactively to January 1, 2015, for tax years beginning on or after that date; 2015 Acts, ch 124, §9, 102016 amendment to subsection 6, paragraph d, takes effect May 27, 2016, and applies retroactively to January 1, 2016, for tax years beginning on or after that date; 2016 Acts, ch 1128, §16, 21 476C.2 Tax credit amount — limitations.1. A producer or purchaser of renewable energy may receive renewable energy tax credits under this chapter in an amount equal to one and one-half cents per kilowatt-hour of electricity, or four dollars and fifty cents per million British thermal units of heat for a commercial purpose, or four dollars and fifty cents per million British thermal units of methane gas or other biogas used to generate electricity, or one dollar and forty-four cents per one thousand standard cubic feet of hydrogen fuel generated by and purchased from an eligible renewable energy facility or used for on-site consumption by the producer.2. The renewable energy tax credit shall not be allowed for any kilowatt-hour of electricity, British thermal unit of heat for a commercial purpose, British thermal unit of methane gas or other biogas used to generate electricity, or standard cubic foot of hydrogen fuel that is purchased from an eligible renewable energy facility by a related person. For purposes of this subsection, persons shall be treated as related to each other if either person owns an eighty percent or more equity interest in the other person.3. A taxpayer who is eligible to claim a renewable energy tax credit under this chapter shall not be eligible to claim a solar energy system tax credit under section 422.11L or 422.33.2005 Acts, ch 160, §8, 14; 2011 Acts, ch 115, §6; 2012 Acts, ch 1121, §9 – 11Subsection 3 takes effect May 25, 2012, and applies retroactively to tax years beginning on or after January 1, 2012; 2012 Acts, ch 1121, §10, 11 476C.3 Determination of eligibility.1. A producer or purchaser of renewable energy may apply to the board for a written determination r...
Sample 1
Wind energy conversion facility means a wind energy conversion system in this state that collects and converts wind into energy to generate electricity.
Sample 1Sample 2Sample 3
Wind energy conversion facility means a wind
Sample 1Sample 2

Examples of Wind energy conversion facility in a sentence

  • Wind energy conversion facility is a wind energy conversion system that collects and converts wind into energy to generate electricity.

  • Wind energy conversion facility: All equipment, machinery and structures utilized in connection with the conversion of wind to electricity.

  • Elevations shall be at either one-quarter inch equals one foot or one-eighth inch equals one foot scale and show the following: • Wind energy conversion facility and if applicable the security barrier and associated equipment, with total elevation dimensions of all parts of the facility.


More Definitions of Wind energy conversion facility

Wind energy conversion facility means a wind energy conversion system in this state that collects and converts wind into energy to generate electricity.2005 Acts, ch 160, §7, 14
Sample 1
Wind energy conversion facility means any plant, addition, or combination of plant and addition, designed for or capable of generation by wind energy conversion exceeding one-half megawatt of electricity.
Sample 1

Related to Wind energy conversion facility

  • Wind energy facility means the turbines, accessory buildings, transmission

  • Renewable energy facility means an electric generation unit or other facility or installation that produces electric energy using a Renewable Energy Source.

  • Energy Settlement Area means the bus or distribution of busses that represents the physical location of Network Load and by which the obligations of the Network Customer to PJM are settled.

  • Day-ahead Energy Market means the schedule of commitments for the purchase or sale of energy and payment of Transmission Congestion Charges developed by the Office of the Interconnection as a result of the offers and specifications submitted in accordance with Operating Agreement, Schedule 1, section 1.10 and the parallel provisions of Tariff, Attachment K-Appendix.

  • Transmission Owner Interconnection Facilities means all Interconnection Facilities that are not Customer Interconnection Facilities and that, after the transfer under Tariff, Attachment P, Appendix 2, section 5.5 to the Interconnected Transmission Owner of title to any Transmission Owner Interconnection Facilities that the Interconnection Customer constructed, are owned, controlled, operated and maintained by the Interconnected Transmission Owner on the Interconnected Transmission Owner’s side of the Point of Interconnection identified in appendices to the Interconnection Service Agreement and to the Interconnection Construction Service Agreement, including any modifications, additions or upgrades made to such facilities and equipment, that are necessary to physically and electrically interconnect the Customer Facility with the Transmission System or interconnected distribution facilities. The “Transmission Provider” shall be the Office of the Interconnection for all purposes, provided that the Transmission Owners will have the responsibility for the following specified activities:

  • Energy facility means an energy plant or transmission

  • Interconnection Facilities means the Transmission Owner Interconnection Facilities and the Customer Interconnection Facilities.

  • Class I renewable energy means electric energy produced from

  • Day-ahead System Energy Price means the System Energy Price resulting from the Day- ahead Energy Market.

  • Renewable Energy Certificate or "REC" means a certificate

  • Class II renewable energy means electric energy produced at a

  • Solar renewable energy certificate or "SREC" means a

  • Interconnection Activation Date means the date that the construction of the joint facility Interconnection arrangement has been completed, trunk groups have been established, joint trunk testing is completed and trunks have been mutually accepted by the Parties.

  • Merchant Transmission Facilities means A.C. or D.C. transmission facilities that are interconnected with or added to the Transmission System pursuant to Tariff, Part IV and Tariff, Part VI and that are so identified in Tariff, Attachment T, provided, however, that Merchant Transmission Facilities shall not include (i) any Customer Interconnection Facilities, (ii) any physical facilities of the Transmission System that were in existence on or before March 20, 2003 ; (iii) any expansions or enhancements of the Transmission System that are not identified as Merchant Transmission Facilities in the Regional Transmission Expansion Plan and Tariff, Attachment T, or (iv) any transmission facilities that are included in the rate base of a public utility and on which a regulated return is earned.

  • Generation Interconnection Facilities Study means a Facilities Study related to a Generation Interconnection Request.

  • Regional Transmission Expansion Plan means the plan prepared by the Office of the Interconnection pursuant to Operating Agreement, Schedule 6 for the enhancement and expansion of the Transmission System in order to meet the demands for firm transmission service in the PJM Region.

  • Transmission Facilities shall have the meaning set forth in the Operating Agreement.