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SECTION 6. RULES RELATING

Internal Revenue Bulletin 2008-34 · 2026-10-03 edition · updated 2026-10-04 · United States

TO THE AVAILABILITY OF THE MICROTURBINE CREDIT

.01 Leased Facility . The microturbine credit is allowed to the lessor of qualified microturbine energy property if depreciation (or amortization in lieu of depreciation) is allowable to the lessor with respect to the property. The lessee of qualified fuel cell property generally may not claim the microturbine credit for such property.

.02 Installation Costs . Installation costs included in the basis of qualified microturbine energy property under the principles of § 1.46–3(a) and (c) are eligible for the microturbine credit.

.03 Generation Efficiency . The electricity-only generation efficiency of a stationary microturbine power plant may be determined in accordance with the standards of ASME PTC 22–2005 Gas Turbines or equivalent testing procedures under ISO conditions using the lower heating value of the primary fuel.

.04 ISO Conditions . ISO conditions for purposes of determining the generation efficiency and nameplate capacity of a stationary microturbine power plant are 59 degrees Fahrenheit, 60 percent relative humidity, and 14.696 psia.

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▸Contents — Internal Revenue Bulletin 2008-34
Internal Revenue Bulletin 2008-34

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