LevelTen Energy’s Post

How to Claim the Federal Solar Tax Credit Read: https://lnkd.in/dnxFQPif #RenewableEnergy #solarenergy #solarpanels #SolarPower #GreenEnergy

SOLAR INCENTIVES FOR YOUR BUSINESS!! Purchasers of a new solar energy system get a tax credit of 30% of the cost of the system. -This is money the business would have paid to the IRS in taxes. -It can be spread out over 5 years. -Pass through entities can apply that to their personal taxes against passive incomes. -There are financing options that can monetize this credit for entities that can’t utilize it, for example....not for profits and business that don’t have a high enough tax liability. If you're interested in SOLAR, contact AES... your hometown source for Solar in Southern Illinois!! #solar #solarsystem #taxadvantage

How does our Renewable Energy Tax Credit Fund work? Our fund structure allows for turnkey tax credit acquisitions with a short period between funding and tax credit allocations. This gives you the opportunity to leverage these recently enhanced renewable energy tax benefits under the Inflation Reduction Act. Key benefits to investors include: 👉 Dollar-for-dollar tax credits at a discount  👉 Offset tax liabilities generated from passive income (including past, current, and future tax liabilities)  👉 No additional tax on discounted tax credit  👉 And more Interested in learning more? Set up a call with Eric Kang, Director of Finance at Solariant, to get started. Put some time on Eric’s calendar here: https://lnkd.in/gjEN2wTJ #taxcredits #renewableenergy #inflationreductionact

Businesses can benefit from a 125% income tax incentive for solar energy projects completed by February 28, 2025. This incentive allows for a first-year tax write-off, leading to immediate savings. For instance, a solar project costing R10,000,000 can reduce taxable income by R12,500,000, potentially saving up to one-third of the system cost at a 27% corporate tax rate. If you're thinking about going solar to achieve energy independence, ensure business continuity, and save on electricity costs, now is the time to take action! #solarenergy #solarcompany #businessowner #businesstips

Score big with SARS! Simplifying the Solar Tax Rebate. ✓ Count your panels. ✓ Ensure you’ve got proof they're connected to your home. ✓ Each panel must be 275W or more. ✓ Secure a valid Electrical Certificate of Compliance (CoC). ✓ Save your itemised VAT invoice and proof of payment. ✓ Include it in your next Personal Income Tax Assessment. #tax #taxseason #solar #solarenergy #solarpower #southafrica

For the first time since 2022, solar and wind projects will now be subject to a new discounted cash flow assessment model. The inaugural 2022 Model, brought about by the enactment of Real Property Tax Law Section 575-b, remained in effect for the 2022 and 2023 tax years, following the resolution of litigation challenging the 2022 Model. Now the second iteration of the Model has been finalized by the New York State Department of Taxation and Finance which assessors will use to value solar and wind projects that are one megawatt and larger. Click here to read the full alert: https://bit.ly/3xYzktb #Solar #RenewableEnergy #RealPropertyTax #RPTL575b #Wind #SolarProject #NYAssessmentModel

With the new assessment model in place for this year, project developers have a limited window of time to review their project values and exemptions on the tentative assessment rolls published on May 1. Any administrative challenges must be filed by May 28. Otherwise any valuation errors will be finalized for this tax year.

10-yr tax credit transfers of solar PTCs are now in the market - so which way will the market evolve? Previously we had seen only 1-yr PTC strips in the transfer market. Advantage Capital recently closed on a 10-yr PTC transfer. As we see this market develop, we are keen to see how the transfer counterparties are structuring the risk. The Solar Revenue Put fits well within this structure - when a payment is made to the project based off a 10-yr commitment of receiving PTC transfers, what happens if the PTC is not generated? The SRP can be used to snip off production risk for these assets, which should be helpful for a less sophisticated PTC counterparty- especially where you don't have the escape hatches of tax equity (extended flip date) and lenders (new amortization profiles).

Solar Tax Incentives: A Strategic Opportunity for South Carolina Businesses As the year comes to a close, it’s important to take note of the significant solar tax incentives available in South Carolina. For example, the Boeing facility in Charleston has leveraged solar power to realize substantial savings and operational efficiency. Broker Solar offers expertise in navigating these opportunities to help your business achieve similar results. Discover how these incentives can benefit your bottom line. #BusinessEfficiency #SolarIncentives #BrokerSolar

We are happy to share that our recent article, authored by DLA's Shiukay Hung, Jesse Criz, Allen Ashley, and Katie Philippart LaKoma, was published in Thomson Reuters Legal Solutions. The article, "Internal Revenue Service Provides Favorable Guidance on REIT Tax Treatment of Transferable Renewable Energy Credits for Rooftop Solar Panels and Electric Vehicle Charging Stations" provides a general overview of recent #TaxGuidance issued by the U.S. Treasury Department and the #IRS and offers some related practical observations. Please follow the link to read more. #NationalREITtax