The Biden administration announced several initiatives as leaders from across the country gathered to acknowledge the second anniversary of the founding of the Interagency Working Group (IWG) on Coal and Power Plant Communities and Economic Revitalization. The announcements included new guidance from the Internal Revenue Service (IRS) on the energy communities bonus tax credit established by the Inflation Reduction Act, including what communities will be eligible for the increased credit.
In anticipation of the guidance. The BlueGreen Alliance prepared a fact sheet to showcase the available investments to energy communities in the Bipartisan Infrastructure Law (BIL) and the Inflation Reduction Act.
Click below to download the fact sheet.