Clean energy benefits Indiana’s economy, communities and nature
The benefits of federal clean energy tax credits are clear. Adding diverse energy resources to Indiana’s grid increases reliability, decreases consumer costs, creates jobs, and has the potential to foster massive economic growth — to the tune of $565.7 million annually.
That is why, in 2022, the federal government created this set of tax credits to incentivize the development of clean energy infrastructure and technologies. In the first two years, $9 billion has been invested in projects across Indiana. An added $20 billion in outstanding investment for projects has been announced but not implemented. Through these tax credits, Indiana has expanded the sector and fostered economic growth to the benefit of all Hoosiers, and there should be more to come.