Inflation Reduction Act
The Inflation Reduction Act provides significant opportunities for organizations pursuing or interested in clean energy and environmentally-focused initiatives to access funds and tax savings that can help boost cash flow while driving your mission forward.
Understanding the tax credits and other incentives offered by the act—and whether you qualify—can be a complicated process that requires considerable time, expertise, and resources.
Pursue financial savings and manage the technical aspects of the act’s offerings, as well as compliance challenges, with guidance from our professionals—so you can focus on what matters most: moving your projects forward and supporting environmental efforts.
How to Leverage Inflation Reduction Act Opportunities
Credits, incentives, and other opportunities provided under the act can be accessed by a range of organizations—from start-ups to established businesses as well as not-for-profits—in varying industries. These are available at any stage of activity, whether you’re considering implementing new technologies or are already well into sophisticated projects.
Opportunities can take various forms, ranging from direct payments from the government, to bonus tax credits, options to sell and monetize credits, and more.
Direct Pay. Receive direct payments from the government for your environmental efforts if you’re a not-for-profit organization, Tribe, government entity, or other tax-exempt group.
Prevailing Wage & Apprenticeship. Pursue significant tax savings if all laborers employed in the construction of eligible clean energy facilities or property are paid a prevailing wage and the project utilizes apprentices to perform a minimum percentage of that labor.
Transferable Tax Credits. Explore buying or selling tax credits for certain investments in renewable energy projects to generate tax savings or provide much-needed capital to support your growth and innovation.