On June 30, 2025, the U.S. Senate advanced the 'One Big Beautiful Bill Act,' which included provisions to restore a 30% Investment Tax Credit (ITC) for fuel cell property. This credit applies to projects beginning construction after December 31, 2025.
Crucially, Bloom Energy has utilized 'Safe Harbor' provisions, ensuring that customers can still avail 40% (or 50% in energy communities) ITC benefits for systems placed in service through 2028. This effectively creates no gap in tax credit availability.
This long-term clarity on incentives significantly enhances the economic attractiveness of Bloom's fuel cell solutions for potential customers. It is expected to drive increased demand and support the company's project pipeline in the coming years.
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