Federal clean energy tax credits are building a stronger, more competitive Arizona.

Clean Energy By The Numbers

New Clean Energy Projects = High-Quality Jobs

• $12.75 billion in clean energy investment has been committed in Arizona.
• 18,703 clean energy jobs have been created or moved forward—9th most in the nation.
• 30 clean energy projects have been launched in Arizona—8th most nationally.
• Projects span six sectors: batteries, clean technology, EVs, grid and transmission, hydrogen and solar.
• The Arizona Commerce Authority estimates that repealing these credits could threaten 69,000 jobs and $58 billion in investment statewide.

Reduced Energy Costs for Businesses & Families

• In 2023 alone, more than 88,000 Arizona households used clean energy tax credits to save over $285 million on energy upgrades and monthly bills.
• Utility providers report that clean energy incentives are directly enabling them to keep consumer rates lower or risk seeing electricity costs rise by ~11% for households and ~16% for businesses by 2029 if tax credits go away.
  

At Risk Without Continued Support

A national analysis highlights that 142 clean energy projects ($3.66 billion investment) in Arizona have been stalled or canceled under prior policy uncertainty — putting 10,600+ jobs at risk.

Why This Matters to Arizona Business

• Jobs & Investment: These tax credits are delivering tens of thousands of well-paying jobs and funneling billions into our state economy.
  
• Operating Cost Savings: Lower utility bills free up capital for innovation and growth.
• Competitive Advantage: Clean energy makes Arizona more attractive for local entrepreneurs and outside investors alike.

Some of our members benefiting from the Inflation Reduction Act: