The additional generation at Raquette River project in New York will now be eligible to receive tax credits under EPAct 2005.

Yesterday FERC issued a letter [1] certifying that the four developments in the project owned by Erie Boulevard had generated 24912 kWh more than the historic annual generation of 70,271 kWh.

A license amendment issued in late 2006 had allowed the project to increase the capacity by 6 MW. The amendment had also changed the project from a peaking mode to run-of-river mode.

The EPAct 2005 allows for hydropower facilities to receive tax credits if a project increases generation through efficiency improvements or capacity additions. The Emergency Economic Stabilization Act of 2008 (the "bailout package") extended [2] that provision for until the end of 2011, which otherwise would have expired at the end of 2008.