Maximize Renewable Tax Credits
Strategic tax planning can lead to significant opportunities.
Find out how to claim renewable tax credits.
MAXIMIZE THE BENEFIT OF
RENEWABLE TAX CREDITS
The Inflation Reduction Act (IRA) has incentivized the climate economy and boosted clean energy investments. By lowering the financial burden and making it more economically viable to invest in renewable energy solutions, renewable tax credits can help organizations accelerate their return on investment and meet sustainability goals. Our advisors can help you maximize the tax benefit of investing in clean energy.
CLEAN ENERGY TAX CREDITS
We can help with renewable tax credits including Section 48, Section 45 and Section 45X.
Clean Energy Investment Credits (Section 48)
Incentives for installing solar, wind, geothermal, fuel cell, energy storage, biogas, microgrid controllers and combined heat and power energy property
Clean Energy Production Credits (Section 45)
Incentive for electricity produced from wind, open and close loop biomass, geothermal, landfill gas and trash facilities, among others
Advanced Manufacturing Production Credit (Section 45X)
The 45X tax credit is a product-specific credit for the production and sale of green energy components and critical minerals
Partner with Eide Bailly to Maximize Your Tax Savings
Renewable tax credits boost cash flow and sustainability efforts. Our experienced Energy Incentives Program team can help you determine which business tax credits and deductions are available to you and if you meet the criteria.
Eide Bailly is the #1 accounting firm for energy incentives with Professional Engineers (licensed in all 50 states), modelers, tax attorneys, and CPAs all in-house, and we’ve helped our clients realize millions of dollars in tax savings annually.
