All Posts

Pete Jones facilitated the early stages of this engagement. Pete identified the opportunity when the district completed construction of its geothermal system and required third-party guidance to navigate IRS direct pay requirements. He initiated conversations, coordinated stakeholder calls, and helped gather the technical and financial documentation needed to advance the engagement, ultimately supporting contract execution and a smooth transition to the Walker Blue ITC team. 

As we close out the year, several energy tax incentive deadlines are approaching that deserve immediate attention. We are already seeing projects miss opportunities simply because planning started too late. The goal of this note is to highlight the timelines that matter most for ITC and 179D, and to encourage early coordination so projects are positioned correctly. If you have projects in development, construction, or recently placed in service, now is the time to engage. Inv

The Inflation Reduction Act (IRA) introduced Prevailing Wage and Apprenticeship (PWA) requirements across major federal energy tax incentives, including the Investment Tax Credit (ITC) , Production Tax Credit (PTC) , and §179D deduction. These standards are now a key part of qualifying for the full credit value —typically multiplying the base incentive by five for projects that meet both prevailing wage and apprenticeship requirements. While these labor standards strengthen

The IRS has released Revenue Procedure 2025-32, which includes the 2026 inflation adjustments for a wide range of tax provisions, including the Energy Efficient Commercial Buildings Deduction (§179D). For projects placed in service during taxable years beginning in 2026, the maximum allowable deduction under §179D has increased to reflect inflation. Updated §179D Deduction Values According to the inflation adjustment formula outlined on page 21 (section 4.25) of Rev. Proc. 20

UPDATE The 2025 tax law, known as the “One Big Beautiful Bill,” resets the outlook for tax planning across energy, real estate, and...

Executive Summary The Investment Tax Credit (ITC) under Section 48 of the Internal Revenue Code provides significant incentives for solar energy development, including a base credit and bonus adders for meeting criteria such as prevailing wage and apprenticeship (PWA) requirements, domestic content, and location in energy communities. A key consideration for developers and owners is whether multiple solar sites—each qualifying as separate “energy properties”—should be aggrega

Executive Summary The enactment of the One Big Beautiful Bill Act (OBBBA) on July 4, 2025, has introduced stringent deadlines for qualifying for the Clean Electricity Investment Tax Credit (ITC) under Internal Revenue Code (IRC) Section 48E, particularly for solar energy projects. To secure the full 30% credit, project owners must ensure that construction begins by July 4, 2026, and that the facility is placed in service by December 31, 2027. In response to these changes, the