Something interesting is happening.

Earlier this week, House Republicans introduced the American Energy Dominance Act. We know what you’re thinking—another bill that gives an unnecessary handout to the fossil fuel industry?

Well… no.

In a true defiance of expectations, this Republican-led energy bill was designed to do just the opposite. If passed, it would restore the original phase-out timelines for several clean energy and energy efficiency tax credits affected by last year’s budget reconciliation bill.

A belated April Fool’s joke? Apparently not!

The policymakers who introduced the American Energy Dominance Act are two of the 21 House Republicans who initially fought to preserve the tax credits. They’re framing the bill as a way to lower costs for consumers, bolster domestic supply chains, and encourage energy infrastructure investment.

Here are the credits that would be affected:

• Energy Efficient Commercial Buildings Deduction and New Energy Efficient Home Credit (179D, 45L): Contractors can claim the 179D tax deduction for installing energy-efficient systems in commercial buildings, while 45L is a tax credit for builders of new energy-efficient homes. Both are set to expire at the end of June, but this bill would extend them through 2032.

• Clean Electricity Production and Investment Tax Credits (45Y and 48E): Developers can claim 45Y for each kilowatt hour of clean electricity they produce, while 48E rewards anyone who builds a qualified energy facility and storage technology. While the budget bill accelerated the phase-out of these credits for wind and solar projects, it would restore the original deadline, with the phase-out starting in 2032 or later.

• Clean Hydrogen Production Credit (45V): The 45V tax credit can be claimed for each kilogram of clean hydrogen produced, with the compensation rate determined by the emissions intensity of the production process. The American Energy Dominance Act would push the deadline for claiming it from 2028 to 2033.

This bill may be a much more modest version of what Democrats proposed in the Cheap Energy Act last year—but even these small changes have the potential to make a big difference. Re-extended deadlines will enable developers to proceed with greater certainty, paving the way for more clean energy investment, job creation, emissions reductions, and, of course, lower electricity prices.

That being said, we’re not under any delusions.

If this bill passes, it won’t be because congressional Republicans suddenly had a change of heart or an epiphany about clean energy being the best path forward. It will be because their party is on the back foot, with the affordability crisis and Iran War jeopardizing election outcomes in real time.

But the “why” doesn’t really matter.

What does matter is that there’s an opportunity in front of us that didn’t exist before. We should seize the moment and fight for the passage of this bill.

Let’s get to work!