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The American Energy Dominance Act would remove the accelerated deadlines that the One Big Beautiful Bill Act placed on the renewable energy 45Y production tax credit and 48E investment tax credit.
Republican lawmakers in the House of Representatives are trying to restore clean tax credits for wind, solar and other clean energy technologies that were curtailed by the One Big Beautiful Bill Act.
The American Energy Dominance Act, introduced Thursday, would remove the accelerated deadlines that the One Big Beautiful Bill Act placed on the renewable energy 45Y production tax credit and 48E investment tax credit, and make similar changes to other impacted credits, like the 45V clean hydrogen production credit.
The bill was introduced by Rep. Brian Fitzpatrick, R-Pa., Rep. Max Miller, R-Ohio, Rep. Mike Carey, R-Ohio, and Rep. Mike Lawler, R-N.Y. A release from Fitzpatrick’s office said the legislation was “developed in direct partnership with the North America’s Building Trades Unions.”
“Under current law, key incentives such as 179D and 45L are scheduled to expire on June 30, 2026,” said the release. The legislation would “fully restore” the 179D, or Energy Efficient Commercial Buildings Deduction credit, without a scheduled expiration.
“For capital-intensive sectors, a shortened policy horizon does more than disrupt planning — it raises the risk that critical projects are delayed, scaled back, or never built at all,” the release said. “When that happens, it is American workers, American employers, and American families who pay the price through slower growth, tighter energy supply, and continued cost pressure.”
E2 estimated that $34.8 billion in clean energy investments were canceled in 2025, outnumbering new investments three to one. In a Friday release, E2 executive director Bob Keefe called the legislation a “modest – but smart – step back in the right direction.”
Capstone analyst Andrew Lascaleia said in a Saturday research note that the firm does “not expect [Fitzpatrick’s] bill that would reverse many of the changes made to energy tax credits under the One Big Beautiful Bill Act to gain traction in this Congress.”
“However,” Lascaleia added, “we believe the bill, which would restore clean electricity, hydrogen, and energy efficiency tax credits, may find support if Democrats win the House or Senate in the 2026 elections. This would benefit renewables developers and manufacturers.”
Democratic lawmakers in March introduced a clean electricity bill that would, among other measures, restore clean energy tax credits that were eliminated by the OBBBA.
Fitzpatrick’s office did not respond to a request for comment.
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Gas power M&A valuations have doubled since 2024, but new generation remains a risky investment, analysts say.
DOE’s colocation proposal and transmission planning reforms will set FERC’s agenda this year against a backdrop of rising concern over affordability, former commission chairmen and experts say in our 2026 outlook.
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Get the free daily newsletter read by industry experts
Gas power M&A valuations have doubled since 2024, but new generation remains a risky investment, analysts say.
DOE’s colocation proposal and transmission planning reforms will set FERC’s agenda this year against a backdrop of rising concern over affordability, former commission chairmen and experts say in our 2026 outlook.
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