S 2681
Lowering Electric Bills Act
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- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
The Lowering Electric Bills Act extends key tax credits designed to encourage investments in clean energy. Specifically, it extends the residential clean energy credit and the clean electricity production credit through December 31, 2034. It also modifies the clean electricity investment credit to further incentivize the production of clean electricity. These changes aim to lower electricity costs and promote the transition to renewable energy sources.
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