BayWa r.e. Americas’ Post

The latest guidance from the Dept. of the Treasury and IRS sheds new light on critical incentives. From coal closures to brownfield sites, the guidance is clear on areas/properties that qualify for additional tax credits. Excitingly, the IRS has also identified a multitude of new Energy Communities that qualify - expanding possibilities for renewable development across the country. By aligning projects with these energy community designations, developers can not only maximize your tax advantages but also become a catalyst for profound economic and environmental change - especially in underserved communities. *** For more information, read here: https://lnkd.in/eR9MUugG

Attention Tribal-run Hospitals, Casinos, Schools, and Tribal Leaders: Any building project focused on renewable energy may be eligible for funding with #InflationReductionAct tax credits. REDW’s trusted tax experts are standing by to help you navigate the qualification and application process. #TribalDevelopment #CleanEnergy #REDW

New economic development projects, like Draft Horse Solar, are a tool that county governments use to ease the tax burden on property owners. The new tax revenue provided shields residents from the increasing costs of maintaining the county. #TamaCountyEnergy #Iowasolarenergy

Moss Adams Alert: Potential Bonus Tax Credits for Clean Energy - Learn here how proposed regulations for the Low-Income Communities Bonus Credit Program aim to enhance access to bonus credits for clean energy investments benefitting Tribal lands, affordable housing, and more. 

The Wyoming Senate narrowly adopted an amendment by Sen. Cheri Steinmetz that would largely defund "matching grants" programs bestowed to the governor. The some $400 million in question represents a major difference between the Senate and House versions of the budget. "Do we want to be legislating and appropriating these funds or do we want the sole discretion of the governor to make these decisions for us?" Sen. Cheri Steinmetz (R-Lingle) said. Story by Dustin Bleizeffer 📰 #climatechange #politics #wyoming #wyominglegislature #legislature #co2 #climateaction #fossilfuels #carbonemission #energy #carboncapture

Just follow the $$ numbers

Demand for energy is rising for the first time in decades — creating the need for more infrastructure, now. The depth of demand in Q4 is deeper than we’ve ever seen before. Since the election on Tuesday, we’ve seen more than $1B bids on Crux. To learn more about what we expect in the transferability market, download our brief on the impact of the election on energy tax credits: https://lnkd.in/ete-CG_V

Yes you read that well - Sun Tax! If citizens, in mass, produce so much energy (renewable) that you could give it away for free - why tax citizens for producing energy when normally you would pay a private sector company to do the same. Think about this for a second! For the past decades, governments have subsidized the price of oil and energy projects in order to own a business model that can be taxed - not much concern here about the environment. After convincing citizens to invest $30,000 of their own money to go green, produce energy, and give the excess energy for free, the #Australian government will be taxing (aka Sun Tax). We can produce energy for (almost) free, citizens are willing to absorb the cost but at the end of the day, all level of governments are looking to replace their tax on oil with a Sun-Tax on citizens that generate free energy. Energy company Solar Run director Anthony Kurta agrees the sun tax is “extremely unfair”. At least half of its customers want a battery to avoid the sun tax, he says. “I do understand that the value of excess solar reduces in daytime hours during summer and spring. What is not considered in the government proposal is the value of the excess solar during winter and autumn, which still has considerable value to the grid,” Kurta says. #australia #renewableenergy #sintax #suntax #solarpanel https://lnkd.in/dHexjQsq

My e-newsletter is out today. Three big issues being badly handled by the government: capital gains tax increases and why they affect many more people than the government claims, while discouraging investment; the gag order on speaking positively about oil and gas; and the electricity short circuit – big plans to expand the demand for electricity but NO PLAN to increase the supply of electricity. That, say the federal officials, is a dilemma for the provinces to fix. https://lnkd.in/gXpPXSK4 #calgarycentre #yyc #cdnpoli #capitalgainstax #C59 #electricity

Did you know about the countless tax credits available to individuals and businesses? From education expenses to renewable energy investments, there are a variety of ways to save money come tax season. 💰✨ #TaxCredits #MoneySavers #FinancialTips #MaximizeSavings #CuriousAboutCredits