U.S. Senator Bob Casey, a representative from Pennsylvania affiliated with the Democratic party, has introduced a new initiative aimed at designating certain Pennsylvania communities as “energy communities.” This classification is based on his provision within the Inflation Reduction Act. The primary goal of Senator Casey’s effort is to encourage the development of fresh energy projects […]
The Inflation Reduction Act of 2022 (the IRA) amended the rules relating to the production tax credit (the PTC) and the investment tax credit (the ITC) to provide increased credit amounts.
The Inflation Reduction Act of 2022 (the IRA) amended the rules relating to the production tax credit (the PTC) and the investment tax credit (the ITC) to provide increased credit.