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Inflation Reduction Act Activation Guide: Renewable Energy Procurement

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Decreased Renewables Cost: Levelized Cost of Electricity (LCOE) to project sponsors is expected to decrease by 40-60%, which will likely result in cost reductions for commercial electricity users. Notes: PTC stands for Production Tax Credit. ITC stands for investment tax credit. Sources: Deloitte Analysis, H.R.5376 Sources: Deloitte Analysis, H.R.5376