Some have feared that a new federal budget law, known as the One Big Beautiful Bill Act, would eliminate clean energy tax credits. That has not happened. While certain aspects have changed, the foundation established by the Inflation Reduction Act remains in place.
Most clean energy credits are still available, though a gradual phaseout is underway. Projects that begin construction by mid-2026 can still qualify for full value credits, even if they are completed years later. Many near-term investments remain protected under current rules and timelines, allowing you to move forward without making immediate adjustments.
Financing tools such as transferability and direct pay remain intact. These mechanisms give you continued flexibility to raise capital and monetize credits. The legislation preserved these options, providing a clear path forward for both existing and upcoming projects.
The approach prioritizes stability. It avoids a sudden stop to incentives and gives you space to plan around evolving requirements. Although some timelines have shortened and new restrictions are on the horizon, the structure supporting clean energy credits remains solid.
This shift represents a policy compromise that maintains investment certainty while addressing long-term fiscal goals and concerns around foreign reliance. If you are preparing to move forward with clean energy development, this is still a strong window of opportunity.
