The Clean Electricity Investment Credit offers a tech-neutral, emissions-based investment tax credit for qualified clean electricity facilities and energy storage technologies placed in service after December 31, 2024. The base credit is 6% of qualified investment, with increases up to 30% for meeting prevailing wage and apprenticeship standards, plus additional bonuses for domestic content and energy community location. The credit phases out starting in 2032 or when emissions targets are met. Elective payment or transfer options are available for certain entities with pre-filing registration.
Eligible applicants are taxpayers with qualified clean electricity facilities or energy storage technologies placed in service after December 31, 2024. Certain tax-exempt organizations and government entities may also be eligible for elective payment or transfer of credits with pre-filing registrati
