0
RESEARCH PAPERS

Making the Most of Federal Tax Laws for WECS Development

[+] Author and Article Information
M. Lotker

The Synectics Group, Inc., Washington, D.C. 20036

J. Sol. Energy Eng 104(2), 60-64 (May 01, 1982) (5 pages) doi:10.1115/1.3266286 History: Received March 04, 1982; Online November 11, 2009

Abstract

The last few years have seen the passage of a wide variety of federal and state legislation designed to encourage renewable energy technologies in general and wind power in particular. Key laws include: (a) The Public Utility Regulatory Policy Act of 1978, (b) The Crude Oil Windfall Profits Tax Act of 1980, (c) The Economic Recovery Tax Act of 1981, (d) The Wind Energy Systems Act of 1980. This paper reviews the most significant aspects of these laws from the perspective of wind power development. The paper then presents a discussion of one approach—use of a limited partnership and tax sheltered financing—as it would be applied to a wind park. Overall cash flows, returns, and tax implications of the hypothetical venture are presented.

Copyright © 1982 by ASME
Your Session has timed out. Please sign back in to continue.

References

Figures

Tables

Errata

Discussions

Some tools below are only available to our subscribers or users with an online account.

Related Content

Customize your page view by dragging and repositioning the boxes below.

Related Journal Articles
Related eBook Content
Topic Collections

Sorry! You do not have access to this content. For assistance or to subscribe, please contact us:

  • TELEPHONE: 1-800-843-2763 (Toll-free in the USA)
  • EMAIL: asmedigitalcollection@asme.org
Sign In