On June 21, 2023, the Treasury Department (Treasury) and Internal Revenue Service (IRS) published proposed regulations (88 FR 40528 and 88 FR 40496) under two key provisions of the Inflation Reduction Act of 2022 (IRA)...more
On August 7, 2022, the Senate passed the Inflation Reduction Act (the Act), which is expected to have a significant impact on climate, tax and health care policy in the United States. The result of intense negotiations among...more
Electric utilities in the U.S. historically have been buyers and sellers, but not producers, of renewable energy. Largely due to tax and accounting constraints, vertically integrated, regulated utilities traditionally have...more
9/26/2018
/ Acquisitions ,
Begun Construction Test ,
Build-Transfer Agreements ,
Buyers ,
Construction Contracts ,
Electricity ,
Energy Sector ,
FERC ,
Investment Tax Credits ,
Permits ,
Power Purchase Agreements ,
Production Tax Credit ,
Renewable Energy ,
Sellers ,
Solar Energy ,
Tax Equity ,
Utilities Sector ,
Wind Power
The Internal Revenue Service (IRS) has released welcome new guidance on renewable electricity production and energy investment tax credits. A notice issued on August 8, 2014, addresses when a facility or equipment maintains...more
On April 15, 2013, the Internal Revenue Service released Notice 2013-29 (Notice), which established guidelines and a safe harbor to determine when construction has begun on a “qualified facility” for purposes of the renewable...more