The Inflation Reduction Act introduced new prevailing wage and apprenticeship program requirements to receive larger credit amounts for many of the extended and new clean energy credit and deduction provisions. The following credits and deduction include the new prevailing wage and apprenticeship program requirements:
Code Sec. 30C, Alternative Fuel Vehicle Refueling Property Credit;Code Sec., 45 Renewable Energy Production Credit;Code Sec. 45L, New Energy Efficient Home Credit (prevailing wage requirements only);Code Sec. 45Q, Carbon Oxide Sequestration Credit;Code Sec. 45U, Zero Emission Nuclear Power Production Credit (prevailing wage requirements only);Code Sec. 45V, Clean Hydrogen Production Credit;Code Sec. 45Y, Clean Electricity Production Credit;Code Sec. 45Z, Clean Fuel Production Credit;Code Sec. 48, Renewable Energy Investment Credit;Code Sec. 48C, Qualifying Advanced…
Tax Strategy: New clean energy prevailing wage and apprenticeship requirements
