How using solar energy can benefit homes and businesses nhbr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nhbr.com Daily Mail and Mail on Sunday newspapers.
   In a three to one vote, the Chama Village Council voted to sign a purchase power agreement, subject to public approval, with Clear Energy Solar New Mexico for construction and operation of a 196 kWh solar farm at the village wastewater plant. The 20-year contract has a set price of .074 cents per kWh.
   âThe solar plant at the waste water treatment plant will not cost us anything except internet,â said Mayor Billy Elbrock. âAnd save us $260,000 over the life of the contract.â
   Vince Campione, of Clean Energy Solar, said the project was âstate of the artâ and could be finished by September. The ability to finance the project comes through a Federal Income Tax Credit where investors can buy into renewable energy enterprises and write off nearly 100 percent of their investment in the first year.
The Service s Co-Balancing Act: Final Carbon Capture Credit Regulations Target Broad Taxpayer Implementation and Administrability Friday, January 8, 2021
Amid the headline-grabbing events of 6 January 2021, the U.S. Department of Treasury released final regulations under Code
1 Section 45Q. Code Section 45Q provides for a U.S. federal income tax credit at varying rates to taxpayers that participate in various aspects of the process of sequestering carbon oxide and disposing of it in secure geologic storage, use it as a tertiary injectant in a qualified enhanced oil or natural gas recovery project, or utilize it in certain processes.
The final regulations are broadly similar to the proposed regulations published in May of 2020, with revisions focused primarily on making the credit broadly available and as flexible and useful as reasonably possible for businesses of all sizes. By tying the final regulations to industry standards and well-known and understood regulatory