SolarAcademy

Large utilities are tapping the IRA for more renewables growth

More good news re the IRA’s passage: Some of the biggest American utilities are leveraging the law’s clean energy tax credits, particularly the PTC, to bolster investments in renewables and storage. Companies including DTE, Xcel, and CMS Energy talked with analysts and investors recently about how the IRA will boost profitability by reducing the costs of new energy projects.

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