States Expedite Clean Energy Projects Amid Power Bill Outrage

April 17, 2026, 10:00 AM UTC

US states are moving to establish a pipeline of large-scale renewable energy projects that can qualify for billions of dollars in expiring federal tax credits.

California, Colorado, Minnesota, New York, New Jersey and Oregon are among the states expediting renewable energy projects eligible for a 30% investment tax credit. Those subsidies can help lower power prices as soaring electricity bills become a top issue in the 2026 elections and data centers drive up energy demand. But solar and wind farms need to start work by July 4 of this year and have four years to complete construction in order to ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.