Tax Reforms Could Make Combined Heat & Power (CHP) Projects More Viable

Solar Mercury gas turbine for combined heat and power plant

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Posted on June 26, 2018

The recent signing of budget and tax reform bills by President Trump extends the 10% Investment Tax Credit for combined heat and power (CHP) projects. Additionally, the bonus depreciation rate is being raised to 100% allowing companies to write off the entire project value in the first year opposed to depreciating it over many years. According to one consulting firm  “business outlook for CHP has never looked better.” Read the entire article from Decentralized Energy…