2005 Energy Policy Act PTC for Nuclear
The 2005 Energy Policy Act established a production tax credit (PTC) of 1.8 cents per kilowatt-hour of electricity produced during the first eight years of operation by advanced nuclear power facilities.
LPDD Recommendation: “Congress should consider investment tax credits to provide an incentive for current nuclear operators to invest in both power uprates and second license renewal.”
LPDD Recommendation: “Congress should consider production tax credits for nuclear generation to prevent early retirements by “topping off” economic returns for nuclear generators.”