Agency: Department of the Treasury
Description:
Tax credit for solar, geothermal, fuel cell, microturbine, combined heat and power, wind, and waste energy recovery property; plus new provisions for energy storage technology, biogas, and microgrid controllers.
Bill Section:
13102
US Code:
26 USC 48
New or Existing:
Existing
Potential Cost:
$14,000,000,000
Timeline:
Beginning construction before Jan. 1, 2025
TCS Notes:
No GHG emission reduction requirements. $5.4 billion of estimated cost is in FY26 alone.
Elective Payment and Transferability allowed in certain cases.