PTC – Advanced Manufacturing Production

Credit Type

Production
Tax Credit

Technology

Manufacturing

Eligibility

Domestic manufacturing of solar/wind components, inverters, battery components, critical minerals, and metallurgical coal (new via OBBBA)

Base Rate

Component-specific
(e.g., $35/kWh battery,
$0.07/W solar, 10%
critical minerals)

Full Rate

Same as base
(no PWA
requirement)

Bonus Adders

N/A

Duration

Other components: Phasedown from 2030 (75%→50%→25%→0%), sunset after 2032.
Wind: Sunset before 1/1/2028 (OBBBA accelerated).
Critical minerals: Phasedown from 2031 (75%→50%→25%), sunset after 2033.
Metallurgical coal: 2026–2029.

Period of Availability

Components produced 2023+. Wind components: must be sold before 1/1/2028 (OBBBA). Other components: before 1/1/2033. Critical minerals: before 1/1/2034. Metallurgical coal: 1/1/2026–12/31/2029.

Transferable (§6418)

Yes

Key Limitations & Notes

  • Cannot claim at §48C-credited facilities
  • No PWA requirement
  • Not inflation-adjusted
  • OBBBA: integrated components must be made in same factory with ≥65% US-sourced materials
  • Subject to FEOC restrictions (Taxpayer & Material Assistance)