To amend the Internal Revenue Code of 1986 to clarify that electricity produced in certain possessions of the United States and other areas is eligible for the credit for electricity produced from certain renewable resources.

Amends the Internal Revenue Code to specify that the tax credit for producing electricity from renewable resources is available to taxpayers in various possessions and other areas of the United States, including: (1) Guam, American Samoa, the Northern Marianas Islands, the U.S. Virgin Islands, and Puerto Rico; (2) the Republic of the Marshall Islands, the Federated States of Micronesia, and the Republic of Palau; or (3) any U.S. installation worldwide, including miltary bases.