Energy Bill Sent To President Bush

Stephen Ursery, Editor, Waste Age Magazine

August 1, 2005

1 Min Read
Energy Bill Sent To President Bush

The U.S. House and Senate have passed the Energy Policy Act (HR-6), which contains an expansion of the Section 45 production tax credits for landfill gas (LFG) and waste-to-energy (WTE) facilities. The legislation now moves on to President Bush, who is expected to sign the bill.

The legislation provides the solid waste industry with a two-year extension of the “placed-in-service” window for LFG and WTE facilities that produce electricity. The window is currently set to expire at the end of this year, but the bill would extend it to Dec. 31, 2007. The legislation also extends the payout from five years to 10. The amount of the credit — a baseline rate of .75 cents per kilowatt hour that is then adjusted for inflation — remains the same.

About the Author(s)

Stephen Ursery

Editor, Waste Age Magazine, Waste360

Stephen Ursery is the editor of Waste Age magazine. During his time as editor, Waste Age has won more than 20 national and regional awards. He has worked for Penton Media since August 1999. Before joining Waste Age as the magazine's managing editor, he was an associate editor for American City & County and for National Real Estate Investor.

Prior to joining Penton, Stephen worked as a reporter for The Marietta Daily Journal and The Fulton County Daily Report, both of which are located in metro Atlanta.

Stephen earned a BA in History from Rhodes College in Memphis, Tenn.

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