Section 242 Hydroelectric Production Incentives
- Currently Closed
Open Date:
Close Date:
Upcoming Milestones:
Eligible Recipients:
Program Purpose:
- Energy Infrastructure
Reserved for Energy
Communities?
Bureau/Office
Funded by:
Overview
The hydroelectric production incentive payments are a benefit available for electric energy generation and sold for a specified 10-year period as authorized under the Energy Policy Act of 2005. In the Infrastructure Investment and Jobs Act, DOE received $125 million to support this hydroelectric production incentive. At this time, DOE is accepting applications from owners and authorized operators of qualified hydroelectric facilities for hydroelectricity generated and sold in calendar years 2021 and 2022.
Related Resources
Additional information is available on the Resources page.Funding Details
Funding Source:
- Bipartisan Infrastructure Law (BIL)
Funding Type:
Total Amount Available:
Limit per Applicant:
Estimated Awards:
Applicant Guidance
Any owner or authorized operator of a hydroelectric generation facility may apply for incentive payments for net electric energy generated by and sold from its operation during the eligibility window.
https://infrastructure-exchange.energy.gov/Default.aspx#FoaId6db5c662-b546-4761-a000-bc8239107e3f
https://www.energy.gov/sites/default/files/2023-03/Section-242-Guidance-for-FY23_3.22.23.pdf
https://www.energy.gov/gdo/section-242-hydroelectric-production-incentive-program