News & Analysis as of

Energy Sector Tax Exemptions

Vinson & Elkins LLP

Full Speed Ahead: The Inflation Reduction Act at One Year

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It’s the largest climate legislation in US history, with many complex provisions. But let’s start with the big picture: A year on from the Inflation Reduction Act becoming law, is it living up to its promise?...more

Troutman Pepper

EV Tech Series: The Inflation Reduction Act’s Impact on the Energy Industry With Judy Kwok and Marc Machlin - Battery + Storage...

Troutman Pepper on

The Inflation Reduction Act of 2022 (IRA) is the most significant legislation related to climate change in U.S. history. With it comes significant tax implications for the clean energy industry, including renewables, storage,...more

K&L Gates LLP

Welcome to the Tax Credit Revolution: New Opportunities for the Energy Industry in the Inflation Reduction Act

K&L Gates LLP on

On 16 August 2022, President Joe Biden signed the Inflation Reduction Act of 2022 (IRA). While not as expansive as the Build Back Better Act, the IRA has the potential to dramatically accelerate the energy transition in the...more

Williams Mullen

[Webinar] Virginia Solar & Energy Storage Tax and Revenue Share - May 5th, 11:00 am - 11:30 am ET

Williams Mullen on

Understanding how solar and energy storage projects are taxed in Virginia is often confusing. Who assesses the value? What is the rate? Are any tax exemptions available? What is the revenue share?...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Residential/Mixed-Use Solar Energy Systems: Virginia Enacts Property Tax Exemption

The Virginia Legislature passed and the Governor signed S686 which provides a property tax exemption for residential and mixed-use solar energy systems up to 25 kilowatts in size. S686 creates a separate class of...more

Balch & Bingham LLP

Mississippi Renewable Energy Projects Poised For Continued Growth As New Tax Incentives Go Forward

Balch & Bingham LLP on

Pursuing and developing clean, renewable energy continues to play an important role in economic development momentum across the U.S. As states across the Southeast continue to grow their energy independence by prioritizing...more

Williams Mullen

[Webinar] Virginia Solar & Energy Storage 2021 Legislative Update - March 31st, 11:00 am - 11:30 am EST

Williams Mullen on

Building on the progress from the 2020 legislative session and the passage of the Virginia Clean Economy Act (VCEA), the Virginia General Assembly passed several important pieces of legislation affecting the solar and energy...more

Foley Hoag LLP - Energy & Climate Counsel

Massachusetts Legislature Passes Property Tax Reform for Solar, Wind, Energy Storage and Fuel Cells

As has been discussed in several posts here, on January 4, 2021, a conference committee of the Massachusetts House and Senate has issued a wide ranging “omnibus” energy bill “An Act creating a next-generation roadmap for...more

Farella Braun + Martel LLP

Battery Energy Storage Systems Integrated in Solar Facilities To Receive Tax Incentives

Intermittency is one of the largest issues impeding increased reliance on energy from utility-scale renewable energy generation sources such as wind and solar. Battery energy storage systems (“BESSs”) can alleviate concerns...more

Dickinson Wright

Nevada's Renewable Energy Program Getting The Partial Abatements/Exemptions

Dickinson Wright on

Nevada enacted a Renewable Energy Tax Abatement program in 2009, which it operates under the Governor’s Office of Energy (“GOE”). For eligible renewable energy facilities, the program awards partial abatements for sales and...more

Beveridge & Diamond PC

Latin American Environmental Regulatory Tracker

This month’s tracker reflects key initiatives from July 16, 2017 – August 15, 2017. Our thoughts are with our clients, friends, and neighbors who continue to struggle with the ongoing effects of Hurricane Harvey. ...more

Mintz - ML Strategies

Massachusetts Outlook: The Remainder of 2016 and Beyond

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After closing the book on the formal sessions in July, Massachusetts lawmakers have turned their attention to the November election. The Senate and House of Representatives convene in informal sessions for the remainder of...more

Holland & Knight LLP

Florida Open for Captive Insurance Business

Holland & Knight LLP on

After several decades, Florida is back in the business of licensing captive insurance companies. On Aug. 11, 2016, the Florida Office of Insurance Regulation issued a license to a nonprofit Florida corporation, pursuant to...more

Gray Reed

Texas Comptroller Prevails in Tax Exemption Claim

Gray Reed on

A fight over the Texas sales tax drew industry-wide attention when the trial judge commented from the bench that he was inclined to exempt purchases of casing, tubing, pumps and related services from Texas state sales tax....more

Carlton Fields

2016 Florida Legislative Post-Session Report

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Carlton Fields’s Government Law and Consulting Practice Group released its 2016 Florida Legislative Post-Session Report detailing significant bills that passed during the 2016 Regular Session of the Florida Legislature. ...more

Baker Donelson

Canada’s Energy Politics

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Canada’s energy sector may be significantly impacted by the recent election of liberal Justin Trudeau as Prime Minister. The last nine years have seen conservative Stephen Harper at the helm. A known ally of the energy...more

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