Delaware HB186 amends business tax credits for electricity production, offering bonuses for CCGT facilities on brownfield sites or with high.
Delaware HB186 amends Title 30 of the Delaware Code to revise business tax credits and deductions for electricity production. The bill introduces a base Electricity Production Tax Credit of $4 per megawatt-hour (MWh) and additional bonuses. A $1 per MWh bonus applies to facilities on industrial brownfield sites or sites of previous power plants that ceased operations within 10 years. Another $1 per MWh bonus is available for facilities achieving an efficiency rating of 55% or higher.
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