Consumer Advocates Warn of Rising Energy Costs from Weak Hydrogen Tax Credit Guidelines Amid 45V Implementation Concerns.

Public Citizen and 17 utility consumer advocacy organizations from across the United States have voiced concerns about the implementation of the 45V hydrogen production tax credit. The signatories include some of the largest consumer advocate groups in the U.S. and local groups across several states selected as hydrogen hubs by the Department of Energy. They are concerned about the potential negative impacts on electricity consumers from hydrogen development supported by weak hydrogen 45V tax credit guidelines. These tax credits could cause consumer energy prices to spike unless all electrolytic hydrogen projects meet the three pillars of additionality, hourly matching, and deliverability.