Incentives Rewired: How H.R. 1 Reshapes Clean Energy Initiatives

The Inflation Reduction Act (IRA), passed in August 2022, unlocked federal incentives to accelerate clean energy projects across the U.S. Recently, the passage of the One Big Beautiful Bill Act (H.R. 1) on July 4, 2025, enacted key amendments to IRA provisions, including shortened timelines, stricter begin construction definitions, and new compliance mandates. Despite these amendments, state and local governments retain opportunities to secure IRA incentives.

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