PTC – Clean Hydrogen Production

Credit Type

Production
Tax Credit

Technology

Fuels

Eligibility

Clean hydrogen at qualified U.S. facility, tiered by lifecycle GHG emissions

Base Rate

Up to $0.60/kg
(varies by
emissions tier)

Full Rate

Up to $3.00/kg
(varies by
emissions tier)

Bonus Adders

N/A

Duration

10 years from placed-in-service date

Period of Availability

Must begin construction before 1/1/2028 (OBBBA accelerated from 1/1/2033).

Transferable (§6418)

Yes

Key Limitations & Notes

  • Cannot stack with §45Q, §45Z, or §48C
  • May elect §48 ITC instead
  • Inflation-adjusted
  • OBBBA significantly shortened eligibility window