Clean energy projects now know how to get billions in tax credits

The Treasury Department and IRS just finalized the rules for clean electricity tax credits from the 2022 Inflation Reduction Act. This means developers of new clean power plants and energy storage facilities now have clear instructions on how to get billions in government subsidies.

The clean energy industry has waited for clear rules on how to claim major tax credits from the 2022 Inflation Reduction Act. These final regulations provide those details. Developers can now design projects and secure financing with certainty, knowing exactly how to measure their emissions and qualify for the money. This clarity is essential for unlocking the next wave of private investment in clean power and storage.