Treasury's new guidance eliminates the 5% cost threshold for renewable tax credits, now requiring physical construction evidence—a regulatory shift that follows the OBBBA's termination of most clean energy incentives. While officially targeting "market distorting subsidies," the rule change creates a regulatory gap between Congressional intent and implementation that threatens $290 billion in planned solar investments. Industry groups warn the financial impact will cascade to consumers through higher electricity costs.
The Docket
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