WASHINGTON, D.C. – The U.S. Department of the Treasury announced its Final Rules for the Technology-Neutral Clean Electricity Tax Credits late yesterday. These tax credits are for energy deployment projects placed in service in 2025 or later and apply to technologies determined to have net-zero lifecycle emissions. 

The rules clarify which technologies will qualify and have the potential to qualify.  

Following the announcement, the BlueGreen Alliance released a statement from Executive Director Jason Walsh: 

“The final rules maximize the number of energy projects that can receive these tax credits. That means more jobs building the net-zero technologies to meet our emission reduction goals. These investments come at a time when demand for electricity is at an all-time high. The credits will help keep electricity costs low and maintain grid reliability, so investors have certainty when they back these projects. Combining the electricity tax credits with domestic content and labor standards bonuses also creates a powerful incentive to reshore manufacturing in solar, wind, geothermal, and other key clean energy supply chains, allowing developers to build energy projects with highly skilled union workers. Treasury’s thoughtful policy lays the foundation for a vibrant clean economy that will drive economic gains to our country’s hardworking communities.”