Energy Efficiency &
Tax Credits

A Green Future with You

Maximizing IRA Tax Credit Opportunities for Public Agencies and Nonprofits
With the passage of the Inflation Reduction Act (IRA), tax-exempt entities can now secure federal funding covering 30% to 60% of their project costs. At Weist Law, we specialize in guiding public agencies and nonprofits through the complexities of direct pay tax credits, ensuring they maximize available benefits and streamline the process for optimal financial outcomes.

​
Our Expertise in IRA Tax Credits

• Direct Pay Tax Credits: For tax-exempt entities, direct pay credits provide an unprecedented opportunity to receive cash payments equivalent to the value of traditional tax credits, bypassing the need for taxable income. This is a game-changer for financing projects in renewable energy, energy storage, and other qualifying areas.

• Comprehensive Eligibility Analysis: We assess your organization's projects and operations to determine eligibility for applicable credits, such as the Production Tax Credit (PTC), Investment Tax Credit (ITC), and other renewable energy incentives under the IRA.

• Application Support: From preparing and submitting applications to meeting compliance requirements, our team ensures a seamless process to secure maximum benefits.

• Tax Form Preparation: We prepare all required tax forms necessary to finalize the tax credit process. This ensures that the Treasury directly issues a check in the amount of the requested tax credit, providing timely funding for your projects.

• Strategic Planning and Advisory: Our team provides tailored strategies to integrate these credits into your financing plans, optimizing cash flow and project feasibility.

​​

Examples of Applicable Projects

• Installation of solar arrays on public buildings or other properties

• Energy efficiency retrofits for schools, libraries, and other public facilities

• Energy storage projects, including battery storage, geothermal or fuel cells technologies

• Electrification of public transportation systems or fleet vehicles

• Grid modernization and energy storage solutions

• Wind turbine installations for public use

• Heat pump systems and other energy-efficient HVAC upgrades

​​​

​

Why Choose Weist Law?
Our team combines decades of public finance experience with in-depth knowledge of IRA tax provisions, offering unparalleled expertise in securing and utilizing direct pay credits. By working closely with your organization, we help turn these credits into tangible financial resources, empowering you to invest in infrastructure, sustainability, and community development.