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Clean Energy Support: Tax Credits and Grants for Communities.

This act aims to reduce air pollution by promoting renewable energy sources. It introduces tax credits for companies investing in renewable energy storage and a grant program for communities to implement clean energy projects, especially in areas most affected by pollution. Citizens may experience improved air quality and access to more sustainable energy sources.
Key points
Businesses investing in renewable energy storage facilities that replace peaker plants may receive a 10% tax credit.
Communities, particularly those disproportionately affected by pollution, can apply for grants for renewable energy generation, energy storage, and energy efficiency projects.
The act mandates annual reporting on peaker plants, their environmental impact, and their proximity to communities, increasing transparency and awareness.
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Expired
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Additional Information
Print number: 117_S_1553
Sponsor: Sen. Gillibrand, Kirsten E. [D-NY]
Process start date: 2021-05-11
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

PEAKER Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_1553.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-05-11.

What are the main provisions?

Key points include:

  • Businesses investing in renewable energy storage facilities that replace peaker plants may receive a 10% tax credit.
  • Communities, particularly those disproportionately affected by pollution, can apply for grants for renewable energy generation, energy storage, and energy efficiency projects.
  • The act mandates annual reporting on peaker plants, their environmental impact, and their proximity to communities, increasing transparency and awareness.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Gillibrand, Kirsten E. [D-NY].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-01-02.

CATEGORIES

Environment Taxes Public Investments