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Clean Energy Project Economics Under the Inflation Reduction Act

How Tax Credits Can Affect Your Storage and Solar Projects

Project developers, asset owners, and portfolio managers of renewable energy sites need to know:

  • The potential value of standalone energy storage
  • Where it makes the most sense to add storage
  • The differences between the Storage ITC and Solar Production Tax Credit (PTC)
  • Which credit may provide better project returns
  • If your project is likely to qualify for federal tax credits

At Stem, we view the investments within the IRA as transformational for our country, the energy industry, and our many partners and customers. As we continue to accelerate the clean energy transition, we anticipate the legislation will create significant new opportunities for clean energy, storage, and solar projects.

This eBook is based on economic analysis by Stem’s storage, policy, and regulatory experts who bring more than 2GW of storage project experience across the US.

Disclaimer: This content is preliminary and is provided for informational and planning purposes only regarding the Inflation Reduction Act. This does not constitute legal, tax, regulatory, policy, or other advice or guidance. The provisions in legislative bill text require further clarification and guidance by executive branch, regulatory, and other agencies.

Download the eBook Now

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  • Commercial & Industrial
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  • Electric Cooperatives
  • Project Developers
  • Solar EPCs
  • IPPs & Asset Owners
  • Federal

Solutions

  • Energy Storage
  • Solar Plus Storage
  • Wholesale Energy Markets
  • Microgrids And Backup Power
  • Utility Bill Optimization
  • Demand Response
  • Commercial EV Charging
  • Professional Services
  • Sustainability

Incentives & Programs

  • Federal Storage ITC
  • National Electric Vehicle Infrastructure Program
  • California’s Energy Storage Opportunities
  • Connecticut Energy Storage Solutions Programs
  • Hawaiian Electric's Battery Bonus Program
  • Massachusetts SMART
  • New York VDER
  • Ontario Global Adjustment

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