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Manufacturing Tax Credit (48C) eere.energy.gov1
Commercialization & Deployment
Advanced Manufacturing Tax Credit (48C) Applicant Webinar
John Bartlett
Scott Stephens
September 17, 2009
Manufacturing Tax Credit (48C) eere.energy.gov2
Final Application Reminders
• The final application should be formatted in Compact Disc (CD) and 2 copies mailed to: – Department of Energy – Golden Field Office 48C Applications
1617 Cole Boulevard Golden CO 80401 – In addition, you may also email your final application to email
address: 48cappplications@hq.doe.gov
• After IRS acceptance on or before January 15, 2009, the taxpayer must execute and return the agreement to the Service by March 15, 2010 (ref. Section 6.04 and Section 8)
• Please check for updates on the Frequently Asked Questions before starting your Final Application (http://www.energy.gov/recovery/documents/Frequently_Asked_Questions_48C.pdf)
Manufacturing Tax Credit (48C) eere.energy.gov3
Manufacturing Tax Credit (48C) Applicant Decision Tree
Eligible Taxpayer
Eligible Project in U.S.
Commercially Viable
Eligible PropertyYes Yes Yes
Do not continue with
application
Continue with
application for 30%
tax credit based on allowable
cost of Eligible
Property
Yes
No
Do not continue with
application
No
Do not continue with
application
No
Do not continue with
application
No
Eligible: projects that re-equip, expand, or establish manufacturing facilities for:- Property to produce Solar, Wind or Geothermal energy- Fuel cells, microturbines or an energy storage system for electric/hybrid-electric vehicles- Electric grids/storage supporting transmission of intermittent RE- Property for CCS- Property for energy conservation- Property for refining/blending renewable fuels- Plug-in vehicles or components- Other GHG-reducing property
Ineligible:Projects that produce property for any refining/blending of fossil fuels
Eligible: only projects wherethere is a reasonableexpectation for commercialviability will be considered.Projects should:- Be ready for commercial deployment- Have well-developed and sizable end-markets
Eligible: Property which meets thefollowing requirements:- Is necessary for the production of end-use energy property described under Eligible Projects- Is tangible personal
property or other tangible property integral to the
manufacturing facility- Depreciation (or amortization in lieu of depreciation) is allowable
Ineligible: The building or structuralcomponents of the manufacturing facility
Manufacturing Tax Credit (48C) eere.energy.gov4
Specified Advanced Energy Property
Specified Advanced
Energy Property (SAEP)
Electricity Generation
Energy Conservation
Renewable Fuel Refining or Blending
Fuel Efficiency
GHG Emissions Reduction
Geothermal, Hydrokinetic, Solar,
Wind, etc.
Building, Fuel cell, Smart Grid,
Industrial, etc.
Biofuels Building, Fuel cell, Industrial, Vehicles,
etc.
CCS, Smart Grid, etc.
MWh / yr MWh / yr Gallons Gasoline Eq. / yr
Gallons Gasoline Eq. / yr
Mtons CO2 / yr
Manufacturing Tax Credit (48C) eere.energy.gov5
Quantitative Data and Qualitative Narrative
Lifetime
operty
Deployed
ePerformanc
Annual
onContributi
System
Fractional
Year
oductionAAMC Pr***
Pr
AAMC
MtonsAAMC
Emissions
CO
duced
*
Re
2
Application Data
Technology Information• Energy Area• Deployed Performance• Levelized Cost of SAEP
Factory Attributes• Annual Production• Value Added• Operational Lifetime• % SAEP
Jobs• Construction; Operation
Financial Information• Tax Credit Sought
Quantitative Data by
Criterion Tech Innovation and Cost
Reduction• Cost Advantage• AAMC / Tax Credit• LCOE
• $ / CO2
CO2 Reduction
• CO2 / Tax Credit
Job Creation• Jobs / Tax Credit
Schedule• Time to completion
newltraditiona
ltraditionanew
CO EmissionEmissions
Cost
Levelized
Cost
Levelized
Mton
2
$
Applicant Data Input Spreadsheet
Quantitative Data for Criterion
Qualitative Narrative
Application Score for Criterion + =
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