Energy Storage Act of 2016
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Energy Storage for Grid Resilience and Modernization Act of 2016 or the Energy Storage Act of 2016
This bill amends the Internal Revenue Code to: (1) allow, through 2026, a 30% energy tax credit for investment in energy storage property capable of absorbing energy, storing the energy for a period of time, and dispatching the energy for specified purposes; (2) make energy storage property owned by a public power provider, a governmental body, or a cooperative electric company eligible for new clean renewable energy bond financing; and (3) allow, through 2026, a 30% nonbusiness energy property tax credit for residential energy storage equipment expenditures for a taxpayer's principal residence.
Referred to the House Committee on Ways and Means.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 5350: Energy Storage Act of 2016. 114th Congress. Open America. https://openamerica.io/bill/114-HR-5350/
"H.R. 5350: Energy Storage Act of 2016." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-5350/.
H.R. 5350, 114th Cong. (2026), https://openamerica.io/bill/114-HR-5350/.
[H.R. 5350: Energy Storage Act of 2016](https://openamerica.io/bill/114-HR-5350/)