Code section · 2022
IRC §48E
26 U.S.C. §48E
Internal Revenue Code
What it holds
The clean electricity investment credit for property placed in service after 2024. 30% for a facility under 1 MW AC. It does not apply to wind or solar placed in service after 2027 whose construction began after July 4, 2026. The §50(b)(2) lodging limit applies to it on residential rentals.
Why it matters for your study: The clean electricity investment credit for solar and similar property placed in service after 2024. It sets the credit a study may show for an owned system and the 50% basis reduction that follows. The credit is limited on residential rentals by §50(b)(2).
- Category
- Methodology & procedure
- Applies to
- All property types
- Status
- Vetted
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