Federal Fuel Cell Investment Tax Credit (ITC)
Customers installing fuel cell systems could claim a federal tax credit for the fuel cell system costs. This credit is covered under section 48(a)(3) Investment Credit: Energy Credit of the IRS tax code. Section 13302 of The Inflation Reduction Act of 2022 (H.R. 5376) extended the expiration date and modified the phase down of this tax credit.
Stationary Fuel Cell Net Energy Metering (NEM)
The California Public Utilities Commission’s fuel cell NEM program provides eligible fuel cell customer-generators a bill credit for electricity generated and exported from a fuel cell system through a NEM tariff.