Maximize Your Investment: Explore Renewable Energy Tax Credits and Incentives
As the world grapples with the urgent need to transition to sustainable energy sources, renewable energy tax credits in the United States stand as a beacon of encouragement for businesses looking to embrace cleaner, more environmentally friendly alternatives.
These tax credits serve as powerful incentives, driving investment and innovation in renewable energy technologies while simultaneously promoting economic growth and environmental stewardship.
$2.3 billion
IN FEDERAL TAX CREDITS
for Manufacturing Facilities Related to Renewables
$15.6 billion
OF FEDERAL SUPPORT
For Renewable Energy in 2022
20%
of all U.S. electricity
is Generated by Renewable Energy
Securing Your Renewable Energy Investment
Growthlogics is working in the renewable energy sector to create a cleaner world and a better tomorrow. Energy incentives are available for multiple technologies, including but not limited to solar, wind, fuel cells, biogas, waste energy recovery property, etc. Tax credits and incentives for renewable energy technologies can pay for 40 - 60% of the cost of your investment.
By partnering with Growthlogics, you will receive comprehensive analysis and assistance with:
- Federal Credits
- State Credits
- Sales Tax Incentives
- Property Tax Incentives
- Grants
- Marketplace Seller of Tax Credits
- Strategies Renewable Energy Financing Structures, Bridge Loans, Bonds, Tax Equity Financing
- Continuous Consulting and Planning to the Developer or Customer (Developer Customer)
- Negotiated Economic Incentives on Expansions
CASE STUDY
Biomass Renewable Energy Case Study
Client contracted with Growthlogics prior to building 21 renewable energy facilities. Each facility includes the purchase of electricity plants for $150M each, followed by an investment of $300M to create a renewable energy facility that is capable of converting 100M plus pounds of fallen trees into electricity. By Growthlogics, shepherding the project from inception, the client was able to maximize the project and incentives.
$100 MiLLION
FEDERAL STATE TAX CREDITS
with options to sell credits
$5 MiLLION
Various Incentives
Bridge Capital for Loan Secured by Credits
$900k
CARBON CREDITS
Carbon Credits
SOLAR Tax Credit:
How Employers Can Benefit
Recent legislative updates, including those introduced through the Inflation Reduction Act, have expanded the scope and flexibility of federal solar tax credits. These changes enhance the value of these credits by making them fully transferable and sellable to companies with a tax liability.
Federal, State & Local Energy Tax Credits
Energy Tax Credits:
- Section 48 Energy Investment Tax Credit - Inflation Reduction Act - Federal) - Federal Tax Credits – wind, solar, energy storage, electrified transportation, and carbon capture
- 179 D depreciation (Inflation Reduction Act – Federal) – For projects improving energy efficiencies in Lighting, HVAC, and/or Building Envelope. Available to engineers, architects, construction team when client is government agency or Non-Profit.
- REC – Renewable Energy Credits (Solar, Wind, Geothermal, Fuel Cells, Biomass, BioGas
- IRC 45L (Energy efficient condos, housing developments, or apartments)
- IRC 45S - Credit for Paid Family and Medical Leave
- IRC 30B Alternative Motor Vehicle Credit
- IRC 30C Alternative Refueling Property Credit
- IRC 1396 Empowerment Zone Tax Credit (Zones Across the Country, New York, Syracuse, and Yonkers)
If you are investing in renewable energy projects, contact us for an analysis of incentives that can save your company real dollars on these projects.
Learn More about
Renewable Energy Credits
Renewable Energy Tax Credits
With renewable energy tax credits paving the way for substantial savings and sustainable practices, now is the time for businesses to act.
Our expert team specializes in navigating the complexities of these incentives, ensuring you capitalize on every opportunity to drive innovation, foster growth, and contribute to a greener future.
Don't miss out on the chance to make a positive impact while enhancing your bottom line.
Get in touch with us today to learn how we can help you maximize your renewable energy tax credits.
Led by Tax Attorneys, CPAs & Credit Experts
Our leadership has over 150 years of combined tax experience. With $3 billion in incentives captured, you are in good hands with GrowthLogics.
Quality Guaranteed
Growthlogics provides clients with a comprehensive credit packet, detailing your business's eligibility, qualifications, and calculated credits.
Maximum Credit Yield
When you work with Growthlogics, all tax credit and incentive opportunities are explored with a comprehensive business analysis, uncovering full eligibility potential.
