Inflation Reduction Act 2022 Reinstates And Significantly Increases Renewable Electricity Production Tax Credits

If passed, The Inflation Reduction Act of 2022 (IRA) would reward incentives for new wind and solar projects over the next decade. On July 27, 2022, Senator Schumer and Manchin announced they reached an agreement on a reconciliation bill which includes a significant adjustment to Section 45, the renewable electricity production tax credit (PTC). PALM … Read more