“Began operation” means, except where more specifically described in RSA 362-F:4, I(j) and (l)(5):
- (a) For a new renewable energy source that has never previously operated as an electric generation facility, the date that it was first placed in service as a capital asset for the purpose of beginning depreciation under the regulations of the Internal Revenue Code of 1986, as amended; and
- (b) For an electric generation facility that has repowered as a renewable energy source, the date that the facility or a capital addition thereto, for the purpose of repowering to renewable energy, is first placed in service as a repowered facility and as a capital asset for the purpose of beginning depreciation under the Internal Revenue Code of 1986, as amended.
Source. #9037, INTERIM, eff 11-27-07, EXPIRED: 5-25-08 New. #9169, eff 6-3-08; ss by #10741, eff 12-5-14 (from Puc 2502.03); ss by #12473, eff 2-1-18