Watch the recording of our webinar covering section 179D, one of the biggest tax incentives in the Inflation Reduction Act, providing a savings of up to $5.00 per square foot for energy efficiency improvements to commercial buildings.
Watch the recording of our webinar covering the commercial solar tax incentives provided by the IRA.
Watch the recording of our webinar covering the IRA on August 8, 2023.
Key Point Summary The Inflation Reduction Act (IRA) Section 48C provides $10 billion in funding for advanced energy projects, including solar, wind, electric vehicles, green infrastructure, critical materials, and carbon capture technologies. Upgrades in energy-intensive sectors like cement, iron, steel, aluminum, and chemical manufacturing to reduce greenhouse gas emissions are also eligible for funding. Round 1 funding of $4 billion has a deadline to submit Concept Papers to the Department of Energy by July 31, 2023, with Round 2 of funding for the remaining $6 billion anticipated in 2024....
In the market for a used electric vehicle? Check to see if the model of vehicle you want is eligible for a tax credit here: list of qualified vehicles Beginning January 1, 2023, if you buy a qualified used electric vehicle (EV) or fuel cell vehicle (FCV) from a licensed dealer for $25,000 or less, you may be eligible for a used clean vehicle tax credit under Section 25E of the Inflation Reduction Act equal to 30% of the sale price up to a maximum credit of $4,000....