Production based incentives are paid based on the actual energy produced by the system. A $/kWh is assigned for a period of time.
Below is an explanation of the various inputs in production based incentive:
Variable |
Description |
Credit per kWh produced ($/kWh) |
The credit per kWh of energy produced |
Maximum annual credit ($/yr) |
The upper limit on the amount of credit that can be given |
Limit incentive duration (years) |
The number of years that the production based credit is valid for |
Credit is taxable |
If the credit is taxable, the percent of the credit that is taxed |
See Also
