On 18 March 2026, US House Democrats introduced the “Clean Energy Recovery Act of 2026” (H.R. 7890). The bill aims to revive and expand tax credit provisions in the Inflation Reduction Act (IRA) that have either expired or been reduced due to congressional budget procedures. Specifically, it would: (1) restore the 30% base Investment Tax Credit (ITC) for solar and storage (currently reduced to 22%) and extend it for 10 years, through the end of 2036; (2) restore the offshore wind Production Tax Credit (PTC) to 2.5 cents/kWh (currently 1.5 cents) and remove the requirement that projects must begin construction by 2027; (3) introduce a 30% ITC for stand alone storage (the IRA did not have a stand alone storage credit); (4) provide a new PTC for advanced nuclear and geothermal at $20/MWh for the first five years.

The bill also includes a “Made in America” bonus, requiring that 100% of steel and 80% of battery assembly be sourced from domestic production to qualify for the credits. The House Speaker said that although Republicans hold a narrow majority in the House, they might support certain provisions because clean energy manufacturing jobs are primarily located in red states and swing districts. The bill has been referred to the Ways and Means Committee; no hearing date has been set. Industry groups generally welcome the bill, while the White House has not yet taken a formal position.