ITC – Advanced Energy Project

Credit Type

Investment
Tax Credit

Technology

Manufacturing

Eligibility

Facilities manufacturing clean energy equipment, reducing industrial GHG emissions, or processing critical minerals

Base Rate

6% of eligible
investment

Full Rate

30% of eligible
investment

Bonus Adders

N/A

Duration

Upfront credit

Period of Availability

Competitive, application-based. Available until funding pool exhausted. Enhanced by OBBBA.

Transferable (§6418)

Yes

Key Limitations & Notes

  • Cannot stack with §45X, §48, §48E, §45Q, or §45V
  • Standard recapture per §50
  • OBBBA: forfeited allocations cannot be reissued
  • No inflation adjustment