Businesses
Government-funded
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
Section 45V provides production tax credits of up to $3.00 per kilogram of clean hydrogen produced in the U.S. The credit scales with the carbon intensity of production, incentivizing electrolysis and other low-emission methods.
Do I qualify?
Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Hydrogen must be produced at a qualifying facility in the U.S.
2.Credit: $0.60–$3.00/kg based on lifecycle greenhouse gas intensity
3.Maximum credit ($3.00/kg) for hydrogen with ≤0.45 kg CO2e/kg H2
4.Prevailing wage and apprenticeship requirements for full credit
5.Facility must be registered with IRS and DOE
CAEATFA · California
Full state and local sales and use tax exemption (7.25–10%) on equipment purchases for California manufacturers of solar, wind, batteries, EVs, fuel cells, and green building materials. Reduces equipment procurement costs with board pre-approval.
Utah OEO · Utah
30% state income tax credit on new employee wages for businesses creating 5+ jobs in rural Utah Economic Opportunity Zones. Meaningful incentive to locate outside Salt Lake's urban corridor, with a 5-year credit period.
GOED · Nevada
Sales tax abatements (up to 2%), property tax abatements, and Modified Business Tax credits for clean energy manufacturers locating or expanding in Nevada. Targets solar, wind, battery storage, and EV-related product manufacturers creating 10+ jobs.