This opportunity provides a technology-neutral investment tax credit for clean electricity generation projects placed in service after August 1, 2022. Eligible facilities must have zero or lower greenhouse gas emissions and qualify for a 10-year period from their original service date. The credit phases out by 2032 or when emissions drop to 25% of 2022 levels, supporting investment in sustainable energy infrastructure.
Eligible applicants must own a qualified facility used for electricity generation, placed in service after December 31, 2024, with zero or lower greenhouse gas emissions, qualifying for 10 years from service date.
