Section 1603 Renewable Energy Cash Grant Program

Legislation

S. 3069, American Renewable Energy Jobs Act
March 3, 2010

Cosponsors More information

Press Release: Schumer, Casey, Brown & Tester Urge Obama Administration to Suspend Stimulus Program Funneling Billions Overseas
March 3, 2010

AWEA Statement on Senators Schumer, Casey, Brown and Tester Urging Administration to Suspend Stimulus Program
March 3, 2010

H.R. 4599, The Renewable Energy Expansion Act
February 4, 2010
Would amend the Internal Revenue Code of 1986 to provide an elective payment for specified energy property.

Cosponsors More information

Rep. Blumenauer's Introductory Remarks on H.R. 4599, The Renewable Energy Expansion Act
February 4, 2010

S. 2899, Renewable Energy Incentive Act
December 17, 2009
Would Extend Section 1603 cash grant program

Cosponsors More information

Press Release and Bill Summary: Senators Feinstein and Merkley Introduce Measure to Spur Renewable Energy Development
December 17, 2009

H.R. 1, American Recovery and Reinvestment Act of 2009
February 17, 2009

Announcements

Message on Sequestration: All Section 1603 awards made on or after March 1, 2013 through September 30, 2013 will be reduced by 8.7 percent
March 4, 2013

List of Awards
May 5, 2010

Treasury, Energy Surpass $1 Billion Milestone in Recovery Act Awards for Clean Energy Projects
September 22, 2009

Treasury, Energy Announce $500 Million in Recovery Act Awards for Clean Energy Projects
September 1, 2009

Treasury, Energy Announce More Than $3 Billion in Recovery Act Funds for Renewable Energy Projects
July 9, 2009

Application Site

The Treasury Department began accepting applications on July 31, 2009. To apply, go to: U.S. Treasury Department ­ Registration/Sign on

Sample Annual Performance Report and Certification

Treasury and Department of Energy Guidance

OIG-15-045 RECOVERY ACT: Audit of Penascal Wind Power LLC Payment Under 1603 Program
September 3, 2015

Final Inspection Report – Review of Section 1603 Grants in Lieu of Energy Investment Tax Credit
December 17, 2013

Sample Combined Application
April 11, 2012

Overview and Status Update of the 1603 Program
October 31, 2011

OIG-12-069 RECOVERY ACT: Audit of Moraine Wind II LLC Payment Under 1603 Program
August 23, 2012

OIG-12-064 RECOVERY ACT: Audit of Grand Ridge Energy III LLC Payment Under 1603 Program
August 2, 2012

OIG-12-063 RECOVERY ACT: Audit of Grand Ridge Energy II LLC Payment Under 1603 Program
August 2, 2012

OIG-12-062 RECOVERY ACT: Audit of Panther Creek Wind Farm III Payment Under1603 Program
August 1, 2012

Frequently Asked Question Regarding the Beginning of Construction
December 12, 2011

OIG-11-111 RECOVERY ACT: Audit of Inadale Wind Farm LLC Payment Under 1603 Program
September 30, 2011

OIG-11-110 RECOVERY ACT: Audit of Pyron Wind Farm LLC Payment Under 1603 Program
September 28, 2011

OIG-11-103 RECOVERY ACT: Audit of EcoGrove Wind LLC Payment Under 1603 Program
September 19, 2011

OIG-11-093 RECOVERY ACT: Audit of Solar One LLC Payment Under 1603 Program
August 17, 2011

OIG-11-077 RECOVERY ACT: Audit of Sierra SunTower LLC Payment Under 1603 Program
July 7, 2011

Evaluating Cost Basis for Solar Photovoltaic Properties
June 30, 2011

Overview and Status Update of the 1603 Program
February 17, 2011

Payments for Specified Energy Property in Lieu of Tax Credits Independent Accountant Requirements
November 2, 2010

Sample Begun Construction Application
November 4, 2010

Treasury 1603: Begun Construction Applicant Checklist
November 2, 2010

Accountants Report for Begun Construction 5% Safe Harbor
November 2, 2010

Frequently Asked Question Regarding the Beginning of Construction
December 12, 2011

Frequently Asked Questions and Answers
April 13, 2011

Program Guidance: Payments for Specified Energy Property in Lieu of Tax Credits under the American Recovery and Reinvestment Act of 2009
April 13, 2011

Summary of Revisions to Section 1603 Guidance in April 2011
April 2011

Terms and Conditions
July 9, 2009

SAMPLE Application for Section 1603
July 9, 2009

Accountants Certification
July 31, 2009

Assignment Information
July 31, 2009

Notice of Assignment
July 31, 2009

Notice 2009-52: Election of Investment Tax Credit in Lieu of Production Tax Credit; Coordination with Department of Treasury Grants for Specified Energy Property in Lieu of Tax Credits
May 2009

Notice and Request for Comments: Notice 2009-52, Election of Investment Tax Credit in Lieu of Production Tax Credit; Coordination With Department of Treasury Grants for Specified Energy Property in Lieu of Tax Credits
August 7, 2009

Treasury Department's Section 1603 Web Page

Treasury Department e-mail address for questions: [email protected]

Treasury Recovery Act Programs Report
September 3, 2009

IRS Guidance

Revenue Procedure 2011-26: Examination of Returns and Claims for Refund, Credit or Abatement; Determination of Correct Tax Liability
February 2011

Other Resources

Hatch Questions Administration on $25 Billion Cash Grant Program for Green Energy
March 15, 2016

Senator Tom Coburn Letter to Treasury Secretary Jacob Lew Regarding Spending Reductions under Sequestration, Including Reduced Spending for the Section 1603 Program
March 13, 2013

Preliminary Analysis of the Jobs and Economic Impacts of Renewable Energy Projects Supported by the 1603 Treasury Grant Program
April 6, 2012

Lane Powell Request for Additional Guidance Regarding Qualified Facilities
February 1, 2011

Senators' Letter to Senate Leaders Urging the Extension of the Section 1603 Program
November 29, 2010

White House Briefing Memo: Renewable Energy Loans and Grants
October 25, 2010

Senator Kirk Letter U.S. Treasury Secretary Timothy F. Geithner Regarding Concerns about Section 1603 Cash Grant Program
December 18, 2009

Senator Schumer Letter to U.S. Energy Secretary Dr. Steven Chu Urging DOE to Block $450M in Stimulus Funds Sought by Wind Farm Project with Parts Built in China
November 5, 2009

Press Release: Schumer Urges Obama Administration to Block $450M in Stimulus Funds Sought by Wind Farm Project with Parts Built in China
November 5, 2009

Novogradac & Company LLP's professional services in connection with the Section 1603 program