Power Suppliers Are Expediting Plans for Renewable Systems to Benefit from Rapid Dissolving Tax Credits

UtilityDive.com by Diana DiGangi:

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Image: Christopher Furlong, Getty Images

Power companies are accelerating their planned power projects for connecting renewable energies to the grid to benefit from the swift dissolving ‘Inflation Reduction Act tax credits.’

Several power utilities, such as “Xcel Energy, WEC Energy Group, CMS Energy, and Ameren are planning to accelerate projects originally slated for 2030–31 into 2027–28.”

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