Tax Issues for Co-location of Energy Storage with Solar or Wind

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The Inflation Reduction Act (IRA) changed the game when it comes to battery storage and its qualifications for investment tax credits (ITC). Partners Christine Byrnes and Anne Loomis discuss the eligibility of energy storage for ITC, as well as the rules that apply to co-locating energy storage with other energy property or qualified facilities. Whether transferring tax credits or claiming adders, how can tax equity investors benefit this year?

Topics discussed include:

- See more +

The Inflation Reduction Act (IRA) changed the game when it comes to battery storage and its qualifications for investment tax credits (ITC). Partners Christine Byrnes and Anne Loomis discuss the eligibility of energy storage for ITC, as well as the rules that apply to co-locating energy storage with other energy property or qualified facilities. Whether transferring tax credits or claiming adders, how can tax equity investors benefit this year?

Topics discussed include:

- Battery storage and ITC eligibility

- How has the market reacted to the ITC for energy storage technology?

- Can solar take PTC and co-located storage take ITC? Do the same rules apply to tech-neutral ITC’s? See less -

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