This bill, known as the "Energy Freedom Act," aims to significantly alter federal energy policy by repealing a broad array of tax credits and deductions currently supporting green and clean energy initiatives. Its primary objective is to eliminate government subsidies and specific taxes related to various energy sectors, as outlined in amendments to the Internal Revenue Code of 1986. The proposed changes would affect both consumers and industries involved in renewable energy, energy efficiency, and clean transportation. Among the key provisions, the bill repeals several tax credits designed for individual consumers and residential properties. These include the energy efficient home improvement credit , the residential clean energy credit , and the new energy efficient home credit . Furthermore, incentives for clean transportation, such as the previously-owned clean vehicles credit , the alternative fuel vehicle refueling property credit , and the clean vehicle credit , would also be eliminated. The legislation targets numerous industrial and production-related clean energy incentives. It repeals credits for electricity produced from certain renewable resources , carbon oxide sequestration , zero-emission nuclear power production , and clean hydrogen production . Additionally, credits for sustainable aviation fuel , qualified commercial clean vehicles , advanced manufacturing production , clean electricity production , and clean fuel production are slated for repeal. Beyond specific credits, the bill also repeals broader energy-related tax provisions, including the general energy credit , the qualifying advanced energy project credit , and the clean electricity investment credit . It eliminates the deduction for energy efficient commercial buildings and repeals the tax on petroleum . Crucially, the bill strikes sections allowing for elective payment and transfer of energy credits , fundamentally altering how these incentives can be utilized. Most of these amendments are scheduled to take effect for property placed in service, expenditures incurred, or production occurring after December 31, 2025, or on January 1, 2026.