Production Tax Credit (PTC)

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Wash. Utilities Race to Break Ground Before Renewable Tax Credits Expire
Puget Sound Energy and Avista told the Washington Utilities and Transportation Commission they have taken steps to build clean energy resources quickly to qualify for expiring federal tax credits, while voicing concern that limited transmission capacity and the state’s greenhouse gas targets pose challenges.
Wood Mackenzie
SEIA, WoodMac Chart Whiplash in U.S. Solar Industry
Nearly 40% fewer U.S. solar power projects reached completion in the fourth quarter than in the third quarter as developers pivoted to start new projects in time to qualify for tax credits.
CPUC
Solar Dominates CPUC Tx Plan Recommendations Despite Cost Increases
The California PUC is recommending the state build an additional 68.5 GW of new solar generation resources by 2045, despite new tariffs on imports and the planned elimination of federal tax credits.
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Latest N.Y. Renewables Solicitation a Race Against Time
New York launched a renewable energy solicitation enlisting multiple agencies to expedite the process and get as many projects as possible approved while they still can qualify for federal tax credits.
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AEP, Xcel ‘Navigate Rapidly Evolving Energy Policy’
American Electric Power and Xcel Energy say clean energy projects are still a part of their plans, despite the hurdles placed in front of them by the federal government’s budget reconciliation bill.
Vineyard Wind
Tax Credit Phaseout Threatens Projects, Jobs in New England
The expedited phaseout of federal tax incentives for renewables threatens projects and jobs across the clean energy industry in New England.
David Maiolo, CC BY-SA-3.0, via Wikimedia Commons
Senate Passes Trump’s Big Bill that Slashes Clean Energy Tax Credits
The U.S. Senate met through the weekend and overnight June 30 to work on Republicans’ budget reconciliation bill, passing it 51-50 with Vice President JD Vance casting the tiebreaking vote. 
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Senate Finance Committee Looks to Eliminate Energy Tax Credits in 2028

The Senate Finance Committee released its proposal for the reconciliation bill, which cuts clean energy tax credits off entirely starting Jan. 1, 2028, but includes some changes from the version of the legislation that passed the House in May.

House Ways and Means Committee
House Committees Mark up Budget Bill that Guts Energy Tax Credits
Efforts by U.S. House committees to mark up the “One, Big Beautiful Bill” that includes most of President Donald Trump’s legislative goals could so complicate energy tax credit provisions as to make those instruments difficult to use at all.
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Budget Bills Would End Energy Tax Credits Early, Claw Back Other Funding
Key House committees are marking up “One Big, Beautiful Billfor the fiscal 2025 budget that includes much of President Donald Trump’s legislative goals, including clawing back funds and phasing out tax credits for clean energy. 

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