News Analysis

IRA’s Section 48 Investment Tax Credit for Energy Property: Just the Basics

This program provides a tax credit for investment in renewable energy projects. It includes bonus credit for projects in energy communities and projects that use certain amounts of U.S.-manufactured products, including steel and iron.

by the BuildingGreen editors

This article has been prepared for informational purposes only; it is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your firm’s tax, legal, and accounting advisors before engaging in any transaction.​​

Responsible agency

The U.S. Department of the Treasury

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Published September 11, 2023

editors, t. (2023, August 29). IRA’s Section 48 Investment Tax Credit for Energy Property: Just the Basics . Retrieved from https://www.buildinggreen.com/news-analysis/ira-s-section-48-investment-tax-credit-energy-property-just-basics

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