Numbers That Are Catching Our Eye
The Footnote Five
Published in Footnote Issue 1 · July 2026 pp. 18
+74%
Year-over-year growth of public companies reporting purchases of transferable energy tax credits, from 2024 to 2025.1
6,500,000
Burgers sold per day by McDonald's, which also reported purchasing $429 million of federal transferable energy credits in 2025.2
32
States where at least one public company has purchased clean energy tax credits, according to Reunion's industry analysis.3
— States where a publicly traded company has bought transferable energy tax credits
33 states highlighted, 17 not
Highlighted: WA, OR, CA, NV, ID, AZ, CO, ND, NE, KS, TX, MN, WI, MI, IL, IN, OH, MO, AR, TN, KY, VA, NC, SC, GA, FL, PA, NY, NJ, MD, DE, MA, CT
Not highlighted: MT, WY, UT, NM, SD, IA, OK, LA, MS, AL, WV, ME, NH, VT, RI, AK, HI
3x
How much more electricity was produced in the U.S. from solar and wind in 2025, compared to a decade ago.4
$78 per megawatt-hour
The global benchmark cost for a four-hour battery project in 2025 — a 27% year-on-year reduction and a record low.5