All projects developed under the Alta Master Agreement will be dependent on the extension of the federal PTC, as provided in Section 45 of the Internal Revenue Code of 1986, as amended. The PTC is set to expire on December 31, 2008, which is before any of the Alta projects will come online. The PTC has been extended several times in recent history, and it is reasonable to assume that it may be extended again. However, this poses a moderate viability concern for the Alta projects since it is uncertain whether the tax credits will be extended.

Previous PageTop Of PageNext PageGo To First Page