The 2025 federal budget significantly curtails the availability of clean energy tax credits and deductions, a stark pivot in federal energy policy. Solar, wind, energy efficiency and electric vehicles saw the biggest changes.
Even with shifting federal priorities Dane County remains steadfast in its commitment to an equitable clean energy transition. The Office of Energy & Climate Change remains dedicated to our climate priorities regardless of shifting federal priorities.
Read more details about how tax credits and incentives will changes for individuals, businesses, and nonprofits.
The 2025 federal budget significantly curtails the availability of solar and other clean energy tax credits and deductions, a stark pivot in federal energy policy. Solar, wind, energy efficiency and electric vehicles saw the biggest changes. Click our Updates on Status of Federal Funding to read the latest budget summary.
Federal Funding Opportunities
Direct pay (elective pay) in the Inflation Reduction Act lets tax-exempt and government entities receive payments equal to full tax credits for clean energy projects. While many in the Midwest have used it, it's not as straightforward as grants. This map shares Midwest success stories across sectors, offering inspiration and justification for how direct pay can benefit your organization or constituents. Feel free to explore it and visit the Midwest Climate Collaborative site to learn more!
Email us with questions about how your business or organization may be able to benefit from the Inflation Reduction Act.
Information provided above is meant as an overview of eligible tax credits; all information given should be utilized in conjunction with a tax professional. It does not constitute professional tax advice or other professional financial guidance and may change based on additional guidance from the Treasury Department.
