SECTION 8. SIGNIFICANT

CHANGE IN PLANS

.01 In General . As provided in section 8.01 of Notice 2023-18, any taxpayer that submits a concept paper or a § 48C(e) application must inform DOE and the IRS if the plans for the project change in any significant respect from the plans set forth in the concept paper and the § 48C(e) application. A significant change is any change that a reasonable taxpayer would conclude might have negatively influenced DOE in recommending or ranking the project or the IRS in issuing the Allocation Letter had the taxpayer described the change when submitting the § 48C(e) application. See section 8.01 of Notice 2023-18 for how a significant change in plans affects a § 48C(e) application.

.02 Change in Plan Procedure . If a project has a significant change in plans:

(1) The taxpayer must upload a letter to the eXCHANGE portal as an appendix informing DOE and the IRS that the project has a significant change in plans as compared to the description of the project included in the concept paper or § 48C(e) application.

(2) If the taxpayer submits a letter informing DOE and the IRS that the project has a significant change in plans, the submitted letter constitutes an acknowledgment that the project no longer qualifies as a qualifying advanced energy project or is no longer located within a § 48C(e) Energy Communities Census Tract, and if submitted after the taxpayer receives an Allocation Letter, that the taxpayer forfeits its § 48C credit allocation.