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The nonbusiness energy property credit expired on December 31, 2017, but was retroactively extended for tax years 2018 and 2019 on December 20, 2019 as part of the Further Consolidated Appropriations Act, 2020 (2020 United States federal budget). [1] Further information about the legislation that extended the credit is at IRS.gov/Extenders. [2]
The index was created in 1929 when all utility stocks were removed from the Dow Jones Industrial Average. On April 20, 1965, the index closed at 163.32. On September 13, 1974, the index closed at 57.93.
The company believes that capital spending should boost its adjusted earnings per share by 5% to 7% annually through 2028 and allow it to pay bigger dividends year after year.
[Editor's note: "5 of the Best Utility ETFs to Invest in Now" was previously published in February 2019. It has since been updated to include the most relevant information available.]The utilities ...
Three of the best utility stock options today are Black Hills (NYSE: BKH), NextEra Energy (NYSE: NEE), and Dominion Energy (NYSE: D), but each one is attractive for a very (very!) different reason.
The Energy Policy Act of 2005 (H.R. 6) modified the credit and extended it through the end of 2007. In December 2006, the PTC was extended for another year by the Tax Relief and Health Care Act of 2006 (H.R. 6111). President Barack Obama extended the PTC by signing into law the American Recovery and Reinvestment Act of 2009 (H.R. 1).