Expiring Energy Credits

Aug 23, 2025

IRS Publishes Frequently Asked Questions (FAQ)

On August 21, 2025, the U.S. Department of the Treasury and the IRS issued a set of Frequently Asked Questions (FAQs) to address the accelerated termination of several energy-related provisions under the One Big Beautiful Bill Act (the “Bill”).

The FAQs provide guidance on various energy credits and deductions—both residential and commercial—that are set to expire under the Bill, along with their respective termination dates.

Key business-related provisions include:

Qualified Commercial Clean Vehicle Credit (Section 45W): this credit will no longer be available for vehicles acquired after September 30, 2025.
Energy-Efficient Commercial Buildings Deduction (Section 179D): the deduction will not be allowed for any property whose construction begins after June 30, 2026.

For more information, contact us.

Previous relevant news and articles on tax policy:

The One Big Beautiful Bill becomes law

Solar Energy - 5 Things You Should Know

Disclaimer

The contents of this insight are intended for general information only. illumina CPA Group, Inc. is not, by means of this communication, rendering professional advice or services. Before making any decisions or taking any action that may affect your finances or your business, you should consult a qualified professional adviser.