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Committee hears proposal for Reliable Energy Investment tax credit to support clean reliable generation
Summary
The House Finance Committee heard testimony on a new Reliable Energy Investment Tax Credit in House Bill 500 designed to attract investment in clean, reliable generation and energy storage projects.
The House Finance Committee heard testimony on a new Reliable Energy Investment Tax Credit in House Bill 500 designed to attract investment in clean, reliable generation and energy storage projects.
Alex Charlton, senior manager of state government affairs for Constellation, described the credit’s mechanics and eligibility. Charlton said qualifying projects must provide at least 100 megawatts of new or additional reliable clean generation and meet capital and job requirements.…
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