Utility Dive•about 1 month ago
Congress should fix the nuclear investment tax credit
- •A proposed bipartisan bill aims to restructure the nuclear Investment Tax Credit (ITC).
- •This restructuring would pass the full value of the credit to ratepayers immediately, significantly cutting the sticker price of new nuclear projects by 30% to 50%.
- •For developers, this policy change could drastically improve the economic viability and bankability of new nuclear builds.
policy