Clean Hydrogen Production Tax Credit

Producers of clean hydrogen are eligible for a tax credit of up to $3 per kilogram (kg) of clean hydrogen produced. Qualifying clean hydrogen may not produce more than 4 kg of carbon dioxide equivalent per kg of hydrogen. Eligible projects that meet prevailing wage and apprenticeship requirements are eligible to receive an increased tax credit. Additional terms and conditions apply. For more information, see the U.S. Internal Revenue Service Credits and Deductions Under the Inflation Reduction Act of 2022 website and Guidance on the Clean Hydrogen Production Credit.

(Reference Public Law 117-169 and 25 U.S. Code 45V)

Jurisdiction: Federal

Type: Incentives

Agency: U.S. Internal Revenue Service

Technologies: Hydrogen Fuel Cells

See all Federal Laws and Incentives.