Energy Tax Credit Transfer Deals Are Projected to Accelerate

Demand for energy tax credits is accelerating, with transferred credits forecasted to total between $20 billion and $25 billion this year, a report from energy tax credit marketplace Crux found.

The 2022 tax-and-climate law known as the Inflation Reduction Act allows energy developers to effectively sell tax credits to buyers through tax credit transfers. Halfway through the year, Crux estimates between $9 billion and $11 billion energy tax credit transfer deals have been done so farand expects the pace to pick up as ...