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Recently in Public Power Current
The Department of the Treasury and the Internal Revenue Service in late December issued a notice that provides transitional procedures for applicable entities to claim exceptions to the domestic content requirements for claiming elective payment energy tax credits in 2024.
The Wisconsin Public Service Commission in December declined to issue a declaratory order in a proceeding that would have given third parties the right to sell electricity directly to public utility customers, a proposal that was opposed by public power groups in the state.
A 175-megawatt solar array, located on 1,310 acres, was officially placed into commercial operation in December and is now generating and delivering electricity to Colorado Springs Utilities customers.
The Omaha Public Power District Board of Directors in December approved the utility’s $2.1 billion corporate operating plan for 2024.
The Kansas City Board of Public Utilities Board of Directors approved its 2024 annual budget for the municipal electric and water utility at its Dec. 20 Board meeting.
The PJM Interconnection’s reformed interconnection process is expected to clear 300 new generation projects totaling 26,000 megawatts in 2024, the mid-Atlantic grid operator said on Dec. 21.
The Internal Revenue Service on Dec. 22 unveiled the IRS Energy Credits Online pre-filing registration tool for taxpayers who intend to receive a direct payment or transfer a clean energy credit. Established by the Inflation Reduction Act, elective pay (or “direct pay”) and transferability are
The U.S. Department of the Treasury and Internal Revenue Service in December released proposed regulations for the clean hydrogen production credit established by the Inflation Reduction Act.