Treasury Is Asking for Comments on Updated Itc and Ptc Rules
The DeptThe Dept.
Solar Power World 5:54 pm on May 29, 2024
The U.S. Treasury seeks comments on updated ITC and PTC rules as per the Inflation Reduction Act, which transitions to new clean electricity tax credits post-2025. It includes clarification on energy storage eligibility for solar projects and updates on manufacturing incentives.
- Treasury Call: Requesting public input on updated ITC/PTC rules.
- Credit Transition Timeline**: Post-2025 shift to clean electricity tax credits under the Inflation Reduction Act.
- Eligibility Clarification**: Energy storage eligibility for solar projects detailed in updates.
- Manufacturing Incentives**: Updates on U.S. manufacturing support within new tax credit framework.
- Public Engagement**: Encouragement of public participation to influence policy direction.
https://www.solarpowerworldonline.com/2024/05/treasury-is-asking-for-comments-on-updated-itc-and-ptc-rules/