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
The technology-neutral Clean Electricity Investment Tax Credit (48E) replaces the traditional ITC starting in 2025. It provides a 30–50% investment tax credit for any clean electricity generation facility with zero or net-negative emissions.
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.Facility must have zero or net-negative greenhouse gas emissions
2.Applies to solar, wind, geothermal, nuclear, hydro, BESS, and emerging technologies
3.Base credit: 6%; with prevailing wage + apprenticeship: 30%
4.Energy community and domestic content bonuses add up to 10% each
5.Begin construction after December 31, 2024
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.