In order to realize the full value of the PTC, companies should act now to understand what is at stake for repowering and what investments are needed to meet the 5% Safe Harbor in 2016. A number of key factors should be considered as companies commence investigations into wind facilities repowering, including quantifying the expected economics, performing preliminary 80/20 Test calculations, determining how tax attributes will be utilized along with the supporting tax structures needed, and analyzing possible accounting impacts.
With our clients, we assess these significant business implications bringing experience, insights and analysis to fully inform the wind repowering evaluation and to execute once an investment decision has been made.
Jeremy R. Fago
Principal, Power & Utilities Deals Leader, PwC US
US Sustainable Business Solutions tax leader, PwC US
Power & Utilities Deals Principal, PwC US
Managing Director, Valuation, PwC US
US Tangible Assets Valuation Director, PwC US