Aug. 27, 2024: Renewable Energy Tax Credit Finance Series: Preparing for Tech-Neutral Tax Credits

In this episode of Tax Credit Tuesday, Michael Novogradac, CPA, and Tony Grappone, CPA, discuss the upcoming transition to technology-neutral clean energy tax credits. They provide an overview of the new technology-neutral clean energy investment tax credit (ITC) and production tax credit (PTC) rules taking effect on Jan. 1, 2025, and how different types of facilities qualify. They delve into the implications of the Inflation Reduction Act of 2022 and the stringent criteria for various technologies to qualify for the tech-neutral credits. Tony also shares ways to secure safe harbor provisions and insights on the shifting landscape of renewable energy finance. Tune in to learn how to prepare for these significant changes in the clean energy sector.

Summaries of each topic:
1. Introduction and Series Overview (00:00-03:30)
2. Guest Introduction (03:31-05:06)
3. Technology-Neutral Tax Credits Background (05:07-10:07)
4. Qualifying for Technology-Neutral Tax Credits (10:08-15:22)
5. Scheduled Phase Out (15:33-21:21)
6. Safe Harbors (28:22-42:02)
7. Conclusion (42:03-43:12)
8. Off-Mike (43:13-45:36)