CPST1

U.S. Geothermal, Inc: A Solid Geothermal Pure Play

U.S Geothermal's Annual Report:

www.usgeothermal.com/F...

It should be stressed that U.S. Geothermal is a holding company. The company report explains cost and risk, that outline the basis for one to consider before investing in geothermal. The company report is straight ahead thinking with no holes barred.

>We expect the following key incentives to influence our results of operation are:

1) Production Tax Credits. Production tax credits provide project owners with a federal tax creditfor the first ten years of plant operation. At present, unless extended, facilities constructed after December 31, 2008 will not be eligible to use this production tax credit. The federal production tax credit available for geothermal energy in 2007 was 2 cents per kilowatt-hour.

2) Renewable Energy Credits

Ormat is an industrial leader and as is UTC. More questions remain however, to develop the next generation of geothermal turbines for commercial use and how well will the next system enable private ownership?

www.utcpower.com/fs/co...