The IRA also includes other incentives to support the scale-up of hydrogen, including:
Extension of the Section 48 Investment Tax Credit for fuel cells and adding hydrogen storage to the credit.
Reinstatement of the Alternative Fuel Refueling Property Credit for ten years and raising the cap for hydrogen fueling stations to $100,000.
Creation of a new Clean Vehicle Credit that provides $7,500 in credits for new purchases and up to $4,000 for used clean vehicles (hydrogen fuel cell electric vehicles qualify).
Creation of a new Commercial Clean Vehicle Credit that provides up to $40,000 for fleet operators to apply to fuel cell electric trucks and buses.
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