Grants and Incentives

In addition to the federal and state grants received by the Texas Clean Energy Project ($450 million dollars), Summit is expert at successfully obtaining grant, ITC and PTC benefits at the federal and state level for its clients and its own renewable projects. Summit secured $313 million in investment tax credits for the Texas Clean Energy Project as well as more than $300 million dollars in Federal renewable energy incentives, including Production Tax Credits, Section 1603 Cash Grants and Investment Tax Credits, for wind and solar energy projects it has developed, and has been integrally involved in many other projects receiving benefits from incentive programs.