Renewable Energy Production Incentive Reform and Reauthorization Act

H.R. 1127, the Renewable Energy Production Incentive Reform and Reauthorization Act, seeks to expand and extend federal financial incentives for the generation of clean electricity. The bill would increase the cash payments provided to owners of qualified renewable energy facilities—such as those using solar, wind, geothermal, biomass, or landfill gas—for every kilowatt-hour of electricity they produce and sell.

For everyday citizens, this legislation aims to encourage the growth of renewable energy infrastructure by making it more financially viable for local governments and non-profit utilities to invest in green technology. By extending the program’s eligibility window through 2016 and authorizing payments through 2026, the bill intends to provide long-term stability for the clean energy market and potentially diversify the sources of power available to the public.