New emissions-based, technology-neutral clean electricity investment credit to replace 48 ITC starting in 2025. Includes energy storage. Base credit is 6%. Full credit is 30% for projects meeting prevailing wage and apprenticeship requirements. Includes direct pay and transferability. The tax credit is increased by 10% if the project meets a domestic content requirement and another 10% if the project is located in an energy community. Credits available under this program begin to phase out when annual greenhouse gas emissions from electricity production in the U.S. is <= 25% of 2022 emissions levels or in 2032, whichever comes later.