The Role of Safe Harbor for Energy Tax Credits: Guardrails, Not Loopholes
The IRS’s “beginning of construction” (BOC) safe harbor provisions represent a critical component of U.S. tax policy, designed to provide clarity, reduce burdens, and foster confidence in project development. On the books for over a decade, these rules of the road provide a foundation of proven effectiveness and longstanding principles of good governance. These standards promote both accountability and flexibility, encouraging continued private investment in affordable and reliable American energy.
This ACORE issue brief explains how longstanding IRS “safe harbor” provisions work in tandem with private market forces to ensure the integrity, efficiency, and effectiveness of federal energy tax credits.
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What will our next 20 years look like? Here’s the truth: they’ll be better with ACORE at the forefront of energy policy.
Shannon Kellogg
Amazon Web Services (AWS)
