By Sarah Cottrell Propst |December 17, 2015
The production tax credit (PTC) and investment tax credit (ITC) – the two primary federal incentives for renewable power development – have both played pivotal roles in helping Nevada tap its renewable energy resources, including geothermal, solar, and wind. These incentives have helped the renewable energy sector meet 24 percent of the state’s power needs, creating over 6,000 jobs, including 3,500 new solar industry jobs in 2014 alone.
But this ongoing success isn’t possible without stable, consistent policy for businesses to plan and invest.