In the Headlines
January 28, 2025
A Closer Look at the Final Tech-Neutral Clean Energy Credit Regs
Tax Notes
Tax attorney Elizabeth Crouse was quoted in a Tax Notes article analyzing the final regulations for clean electricity production and investment credits under Sections 45Y and 48E of the Internal Revenue Code, introduced by the Inflation Reduction Act (IRA). The article explored the intricacies of these new rules, particularly the impact on qualified facilities and the 80/20 rule, which facilitates credit claims for retrofitted facilities. Ms. Crouse highlighted the regulatory complexities surrounding domestic content requirements, which introduce additional challenges for project procurement processes.
"On the plus side, it makes the 80/20 rule easier, but it makes domestic content crazier, because now we're looking at every block of a solar plant for domestic content, and that's just not how procurement for plants works," she said.
READ: A Closer Look at the Final Tech-Neutral Clean Energy Credit Regs (Subscription required)
"On the plus side, it makes the 80/20 rule easier, but it makes domestic content crazier, because now we're looking at every block of a solar plant for domestic content, and that's just not how procurement for plants works," she said.
READ: A Closer Look at the Final Tech-Neutral Clean Energy Credit Regs (Subscription required)