Over the past several years, the United States has allocated funding for infrastructure and clean energy projects at never-before-seen levels.
The Infrastructure Investment and Jobs Act (IIJA) is halfway through its five-year program to infuse $1.2 trillion into improving U.S. infrastructure. Find out how IIJA funding has rolled out compared to what was initially expected. Utilities and other public sector organizations can still apply for some of the funding opportunities so it's important to be aware of the latest guidance and requirements.
Meanwhile, a significant milestone approaches for the Inflation Reduction Act (IRA), through which tax-exempt organizations can obtain tax credit funding through direct payments for qualifying clean energy or efficiency projects. Construction for any projects seeking IRA clean energy tax credits must begin before December 31, 2024 to be eligible for the existing investment and production tax credits (before the new “Technology-Neutral” tax credits come into effect). Watch this webinar and dive into tax credit expiration dates, begin construction rules for the IRA, and actions to take now to protect tax credit value.
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