According to the EPA Landfill Methane Outreach Program (LMOP) many Ohio landfills could benefit from collecting methane and converting it into electric power.

A variety of new financial incentives and tax credits are available through the American Recovery and Reinvestment Act. Here are just a few:

• Investment Tax Credit (ITC) allows a tax credit of up to 30% of the cost to install and commission a landfill gas to energy facility.
• The Production Tax Credit (PTC)
• Clean Renewable Energy Bonds (CREBS)
• Treasury Department Energy Grants in lieu of tax credits

Additionally, the bill has extended the in service date for the PTC to December 31, 2013. This extension may allow you to commence development of your landfill and take advantage of the available credits as well as generate additional revenues through the creation and sale of Renewable Energy Credits REC’s into the Renewable Portfolio Standards (RPS) markets.

Caterpillar® is a leader in the power generation industry and Ohio CAT specializes in capturing gas from landfills and creating usable energy. Caterpillar G3520 generator sets are currently featured in two of the Environmental Protection Agency’s (EPA) LMOP Award Winning projects.

Ohio CAT makes it easy for you to purchase the right equipment at an affordable price with various financing options extended through Cat Financial. For more information on how you can benefit from converting methane into electric power contact us today.