AN ACT TO AMEND TITLE 30 OF THE DELAWARE CODE RELATING TO BUSINESS TAX CREDITS AND DEDUCTIONS FOR ELECTRICITY PRODUCTION.

Summary

The bill establishes a refundable, transferable credit of $4 per megawatt‑hour for eligible CCGT facilities, with up to $3 in additional bonuses for brownfield sites, high efficiency, or carbon‑capture technology. It applies to plants between 100 and 500 megawatts that begin service between 2027 and 2038, limits total credits to $15 million per year, and allows unused credits to be carried forward or sold for ten years. The goal is to encourage clean, reliable electricity and improve grid stability.

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