Description

When President Biden signed the Inflation Reduction Act (IRA) into law, the solar and storage industry celebrated a historic milestone in accelerating deployment to reach our goal for solar to achieve 30% of U.S. electricity generation by 2030. But we were clear-eyed about the significant work that lay ahead, including successful implementation of the law through clear and transparent guidance and regulation from a host of different federal agencies.

On April 4, the IRS released initial guidance on how taxpayers can qualify for an additional 10% tax credit for solar and storage projects in “energy communities” – otherwise known as geographic areas historically impacted by fossil fuel development. The Department of Energy (DOE) also released an interactive map detailing where taxpayers can build projects that qualify for the additional credit. But many questions were left unanswered, and the Department of the Treasury continues to seek input from stakeholders on effective implementation of these provisions.

Join SEIA at 2:00pm ET to hear from SEIA leaders on the front lines of IRA implementation, including Q&A, where they will learn about:

• What’s in the energy communities guidance and appendices, DOE’s map, and related materials

• Details on the Treasury Department’s upcoming regulatory action on energy communities

• SEIA resources available to developers interested in energy communities, including our updated Energy Communities Map based on guidance released last week from the Department of the Treasury

Speakers:

• Moderator: Ben Norris, Senior Director of Regulatory Affairs, SEIA

• Justin Baca, Vice President of Markets and Research, SEIA

• Jaime Park, Managing Director, Deloitte