IRS Section 45 Production Tax Credit is a per-kilowatt-hour tax credit for electricity generated by qualified energy resources and sold by the taxpayer to an unrelated person during the taxable year. Qualified energy resources include wind, biomass, geothermal, hydroelectric, and refined coal. Section 45 provides a tax credit for refined coal production during a 10-year period.
Adam Feigl, leader of the Graphics Management team at SynTerra, likes food and drink analogies. Read about the coffee cup analogy that he has used for years when friends and family members ask about his work.