Varies
Amount varies
Tax Credit
Reduces tax liability
Rolling
No fixed cutoff
Annual tax return
Claim with year-end filing
Moderate
File with tax return
30% investment tax credit for manufacturers of advanced energy property including solar, wind, EVs, battery storage, carbon capture equipment, and critical minerals processing at U.S. facilities.
Do I qualify?
Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Facility must manufacture advanced energy property (solar, wind, EV components, batteries, etc.)
2.Credit: 30% of qualified investment in certified facilities
3.Bonus credits available for facilities in energy communities (coal closure areas)
4.Must apply to DOE for certification; IRS then issues the credit
5.Applications reviewed in competitive rounds; DOE evaluates commercial viability and impact
IRS · United States
Allows businesses to deduct up to $5.65/sq ft for commercial buildings achieving significant energy savings through improvements to HVAC, lighting, and building envelope systems. IRA expanded the deduction and allowed non-profits and government to allocate it.
LPO · United States
Offers federal loan guarantees for innovative clean energy projects that struggle to access conventional financing. Supports first-of-kind commercial-scale projects in renewable energy, storage, advanced nuclear, and industrial decarbonization.
NCDOR · North Carolina
Provides state income tax credits for investments in renewable energy equipment and energy efficiency improvements for business properties in North Carolina, stackable with federal ITC.