Varies
Amount varies
Tax Credit
Reduces tax liability
Rolling
No fixed cutoff
Annual tax return
Claim with year-end filing
Moderate
File with tax return
Section 45V provides production tax credits of up to $3.00 per kilogram of clean hydrogen produced in the U.S. The credit scales with the carbon intensity of production, incentivizing electrolysis and other low-emission methods.
Do I qualify?
Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Hydrogen must be produced at a qualifying facility in the U.S.
2.Credit: $0.60–$3.00/kg based on lifecycle greenhouse gas intensity
3.Maximum credit ($3.00/kg) for hydrogen with ≤0.45 kg CO2e/kg H2
4.Prevailing wage and apprenticeship requirements for full credit
5.Facility must be registered with IRS and DOE
IRS · United States
Allows businesses to deduct up to $5.65/sq ft for commercial buildings achieving significant energy savings through improvements to HVAC, lighting, and building envelope systems. IRA expanded the deduction and allowed non-profits and government to allocate it.
LPO · United States
Offers federal loan guarantees for innovative clean energy projects that struggle to access conventional financing. Supports first-of-kind commercial-scale projects in renewable energy, storage, advanced nuclear, and industrial decarbonization.
NCDOR · North Carolina
Provides state income tax credits for investments in renewable energy equipment and energy efficiency improvements for business properties in North Carolina, stackable with federal ITC.