ITC
Investment Tax Credit (Sec 48E)
Investment Tax Credit under IRC Sec 48E for clean electricity production facilities, offering 6-50% of qualified costs based on emissions and wages.
Sec 48E targets new nuclear builds/SMRs with base 6% credit, up to 50% with prevailing wage. Applies to facilities post-2024; stacks with PTC. Supports advanced reactors.
Why it matters now
ITC drives SMR deployment in 2025-2026, funding hyperscaler projects amid licensing progress. Key for overnight cost reduction and data center power.