TAX2517. Renewable Energy Tax Credits: 2025 and Beyond

This session will focus on renewable energy tax incentives, including Production Tax Credits (PTC) and Investment Tax Credits (ITC), as well as the usability of these credits. We will explore the updates introduced by the Inflation Reduction Act of 2022, including new and expanded eligibility criteria, enhanced credit rates, and transferability options. Participants will learn about the qualified energy resources, property, and projects eligible for these incentives and how businesses and not-for-profits can strategically leverage these opportunities to offset costs, meet sustainability goals, and enhance financial outcomes.

Learning Objectives:

• Recognize the most recent updates impacting the Inflation Reduction Act as it relates to 2025 federal tax reform.
• Identify renewable energy tax credits such as the Production Tax Credits (PTC), Investment Tax Credits (ITC), and Advanced Manufacturing Production Credit, including eligibility requirements, qualified energy resources, eligible manufacturing components, and credit rates.
• Determine how the transferability and refundability provisions under IRC §6417 and §6418 allow for-profit and not-for-profit entities to maximize the value of renewable energy tax credits.
• Identify practical strategies for businesses and not-for-profits to leverage these credits effectively to reduce tax liabilities, enhance sustainability initiatives, and support renewable energy investments.