Comment from Edison Electric Institute, Nuclear Energy Institute, Geothermal Rising

Summary: The Edison Electric Institute, Nuclear Energy Institute, and Geothermal Rising Action are requesting that the Department of the Treasury update its guidance on the Section 48E Investment Tax Credit. They argue that removing the "80/20 Rule" will allow ongoing capital expenditures for geothermal, nuclear, and hydropower projects to qualify for the credit, thereby supporting the development of reliable baseload energy.